Monday 2 January 2012

BRICS should have bigger say in world economic order

BEIJING, Jan. 2 (Xinhua) -- The world economy, short of a robust recovery, is likely to continue to face a sea of challenges and hobble forward in the new year.
As one dose of antidote to the current global economic malaise, BRICS, a bloc of five major emerging economies, should have a bigger say and play a more important role in the world economic mechanism.
A bigger say for BRICS, which groups Brazil, Russia, India, China and South Africa, in the world economic system, particularly in the heavyweight financial blocs such as the World Bank and the International Monetary Fund (IMF), is a proper reflection and confirmation of BRICS' rising economic clout and contribution to world economic growth.
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