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The slowdown of the BRICS and other Emerging Economies is not related to its internal issues. All of us knows that Globalization tend to connect every countries around the world especially those who affiliate themselves with WTO and Free Trade. With the Developed Economies still not finding the right answer to recover its economic irresponsibility, the developing economies are running out of steam for more development and growth. Remember that US and Euro still has a GDP amouunt of $28 trillion while BRICS and the rest of the world only got $20 trillion dollars or less. Developing countries will not and will never recover the global economy if the developed countries are not recovering.



However, the BRICS needs to find a way to start the consumer-driven economy. China is doing that by putting 250 - 400 million rural people to the urban areas. i hope the rest of the world follows.