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BRICS ask the US to think twice about reducing its economic stimulus

Audio 05:56
Dilma Rousseff, Manmohan Singh, Vladimir Putin, Xi Jinping and Jacob Zuma at the G20 Summit in St. Petersburg
Dilma Rousseff, Manmohan Singh, Vladimir Putin, Xi Jinping and Jacob Zuma at the G20 Summit in St. Petersburg Reuters/Sergei Karpukhin

The world's leading emerging economies have urged the United States to show caution in any lowering of its economic stimulus, as Russian President Vladimir Putin hosts a mini summit of the BRICS states ahead of the G20 in Russia. The BRICS is made up of Brazil, Russia, India, China and South Africa are each attending the G20 meeting outside St Petersburg with a degree of economic trouble. Rajat Nag, a leading Asian economist, shares his views about sustainable growth and development in Asia - where two of the five Brics are located, and one of them is an Asian neighbour.

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