Is Europe scared of the BRICS?

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  1. Jennifer Madison profile image76
    Jennifer Madisonposted 11 years ago

    Is Europe scared of the BRICS?

  2. maxoxam41 profile image64
    maxoxam41posted 11 years ago

    When the European common market was created not only did they have in mind advantages in trading but also the building of a power that will compete with the hegemonic U.S.. The BRICS has the same goals. Now if it scares Europe, it is their problem after all since it was a private circle. Nothing impeded it to enlarge its frontiers to other countries. It is fair that another, third economical, political platform influences the international scene.

    1. Jennifer Madison profile image76
      Jennifer Madisonposted 11 years agoin reply to this

      You are right, it is absolutely fair, now it is the time of the BRICS and many countries will benefit from their growth and economic power

  3. CHRIS57 profile image62
    CHRIS57posted 11 years ago

    The European economies get along quite well with the emerging BRIC countries. Overall the EU trade balance is levelled. Apparently there is lots of stuff that can be traded for cheap Chinese plastic toys.
    To be more specific for the northern European countries: BRICs are nothing to be afraid of. The BRICs are an opportunity, a really good opportunity.
    Please donĀ“t expect me to say differently, i live in an economy with 1% of world population but 10% share in world trade. The more BRICs, the better :-)

    1. Jennifer Madison profile image76
      Jennifer Madisonposted 11 years agoin reply to this

      You are absolutely right Chris. I also see their cooperation as a growth opportunity for both.

 
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