Since the global financial crisisbrought the world economyto its knees in 2008, developedcountries have beenplagued with recessions anddifficulties restarting theirgrowth engines. On the flipside of thisconundrum, emerging economies anddeveloping countries, represented byBrazil, Russia, India, China and SouthAfrica (BRICS), have experienced quickrecoveries and renewed economic expansions.

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