India & other BRIC nations at a summit meeting in Russia seek a stronger voice regarding global economic development and perhaps a more diversified international monetary system. As these countries representing BRIC (Brazil, Russia, India, China) control over 40 percent of the world population, it would be a reasonable assumption that they eventually gain a stronger voice in economic policy. With numbers like that, these four influential countries most certainly should be regarded as an emerging economic powerhouse and all proposals and initiatives presented by them should be dealt with in a most fair and reasonable manner.
As indicated in news stories on a daily basis, the current global economic climate is changing rapidly today and will continue to do so in the future.
