BRICS retreat is an annual two or three day event where the PhD students, teachers and researchers of BRICS meet at some nice place in Denmark to discuss several meta-issues of computer science, ongoing research at BRICS or other things for which there is usually only little time during the academic year. And, of course, the retreat is also for you to relax and meet closer your colleagues while playing games, swimming, bowling ...
The retreat usually takes place during the 8th week of the autumn semester and is fully sponsored by BRICS. Info about previous retreats can be found here:
In contrast, Pakistan, Taiwan, Peru and Chile still are flying a bit under the radar when it comes to global investment and deal making. This WSJ quarterly review article today nods at the success of such “frontier” markets.
Of course, one quarter’s success doesn’t an economy make. Investors will be watching to see if these countries, with their illiquid markets and sometimes tenuous political conditions, can grow when the world-wide competition is a bit more intense and not merely float on a rising tide.
Flickr photo courtesy of babasteve.
I wonder though, would the article report the same results for Pakistan, Peru and Chile had the BRICs’ performance not been so bad. In other words, world stock markets are not always independent of each other in their performance. Had the market not responded to extensive advertising of investing in the BRICs, perhaps the influx of foreign investment would not have been so strong. I wonder if the BRICs were left as they were, the forecast for growth might have been true, and perhaps Pakistan, Peru, and Chile would not have fared so well.
With due respect to all of your opinions, but it also goes to the policies ...