ABSTRACT
According to projections made by Goldman Sachs, by 2030 Brazil, China, Russia and India will collectively possess product and services markets substantially larger than the combined size of G7 countries today. It is further predicted that such dynamic growth will bring their collective gross national product (GNP) over the same time frame up to $41 trillion, only two trillion dollars below that of the projections made for the G7 for the same time frame (Van Agtmael 2007: 11). While these projections may have to be adjusted for the repercussions of the subprime economic crisis, we nevertheless may expect a substantially increased role for non-triad economies in the decades to come.
