When I began studying cycles back in 2007, the fact that history repeats itself and that every generation experiences its war troubled me so much that I spent an undue amount of time anticipating the timeframe. The prospect of an international war occurring in the 2020s brought back vivid memories of stories I heard as a child about blackened windows, sirens, and lights being turned off in Delhi, a stark reality.
Starting with the fundamental idea of an “emerging market economy”, it’s role, utility and dynamics in the current global set up as a balancing economic block, the paper analysis Goldman Sach’s emerging BRIC’s countries model in context of the pre and post 2008 financial crisis. The paper looks at micro and macroeconomic valuations, currency and the economic cycles to illustrate changes in the four economies. Using Japan as a developed economy, the paper also makes a comparative approach and tries to forecast the economic development of the block and respective relation among these countries.