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The term "BRIC US" can refer to two very different things:
-
BRIC (Brazil, Russia, India, China) in relation to the US: This is the more common understanding.
- Origins: The acronym BRIC was coined by Goldman Sachs economist Jim O'Neill in 2001 to describe four rapidly growing emerging economies: Brazil, Russia, India, and China. The idea was that these countries would become dominant global economic players by 2050.
- Evolution to BRICS: South Africa joined the group in 2010, changing the acronym to BRICS. More recently, in 2024, Egypt, Ethiopia, Iran, and the United Arab Emirates also joined, and Indonesia joined in January 2025. This expanded group is sometimes referred to as "BRICS+".
- Purpose and Relationship with the US: The BRICS group is an intergovernmental organization that aims to foster greater economic and geopolitical integration and coordination among member states. They often seek to counterbalance the influence of Western-dominated global institutions like the International Monetary Fund (IMF) and the World Bank. While not an explicitly "anti-US" bloc, they have expressed a desire for a more multipolar world order and have taken steps to reduce dependence on the US dollar.
- Key initiatives: They have established institutions like the New Development Bank (NDB) and the BRICS Contingent Reserve Arrangement (CRA) to provide alternative financial mechanisms.
- US Perspective: Some in the West view BRICS institutions as an alternative to those led by G7 nations, while others describe the grouping as an incoherent joining of countries with increasing anti-Western and anti-American objectives.
-
BRIC (Building Resilient Infrastructure and Communities) program in the US: This refers to a specific program within the United States.
- Administered by FEMA: The Building Resilient Infrastructure and Communities (BRIC) program is run by the Federal Emergency Management Agency (FEMA) in the U.S.
- Purpose: Its goal is to support states, local and territorial governments, and Tribal Nations in the U.S. as they work to reduce their hazard risk. The program aims to build capability and capacity for resilience, encourage innovation, foster partnerships, and support infrastructure projects to better withstand natural disasters and other hazards
Therefore, when you hear "BRIC US," it's important to consider the context to understand which meaning is intended.
The term "BRIC US" can refer to two very different things:
-
BRIC (Brazil, Russia, India, China) in relation to the US: This is the more common understanding.
- Origins: The acronym BRIC was coined by Goldman Sachs economist Jim O'Neill in 2001 to describe four rapidly growing emerging economies: Brazil, Russia, India, and China. The idea was that these countries would become dominant global economic players by 2050.
- Evolution to BRICS: South Africa joined the group in 2010, changing the acronym to BRICS.2 More recently, in 2024, Egypt, Ethiopia, Iran, and the United Arab Emirates also joined, and Indonesia joined in January 2025.3 This expanded group is sometimes referred to as "BRICS+".
- Purpose and Relationship with the US: The BRICS group is an intergovernmental organization that aims to foster greater economic and geopolitical integration and coordination among member states. They often seek to counterbalance the influence of Western-dominated global institutions like the International Monetary Fund (IMF) and the World Bank. While not an explicitly "anti-US" bloc, they have expressed a desire for a more multipolar world order and have taken steps to reduce dependence on the US dollar.
- Key initiatives: They have established institutions like the New Development Bank (NDB) and the BRICS Contingent Reserve Arrangement (CRA) to provide alternative financial mechanisms.
- US Perspective: Some in the West view BRICS institutions as an alternative to those led by G7 nations, while others describe the grouping as an incoherent joining of countries with increasing anti-Western and anti-American objectives.
-
BRIC (Building Resilient Infrastructure and Communities) program in the US: This refers to a specific program within the United States.
- Administered by FEMA: The Building Resilient Infrastructure and Communities (BRIC) program is run by the Federal Emergency Management Agency (FEMA) in the U.S.
- Purpose: Its goal is to support states, local and territorial governments, and Tribal Nations in the U.S. as they work to reduce their hazard risk. The program aims to build capability and capacity for resilience, encourage innovation, foster partnerships, and support infrastructure projects to better withstand natural disasters and other hazards
Therefore, when you hear "BRIC US," it's important to consider the context to understand which meaning is intended.
