Introduction

Marco Salm

Chapter Chapter 1 in Property Tax in BRICS Megacities, 2017, pp 1-12 from Springer

Abstract: Abstract This book applies to the BRICS states’ megacities. BRIC is the acronym for four major emerging economies: Brazil, Russia, India, and China. The term goes back to economist Jim O’Neill, who predicted in 2001 that these states would see strong economic growth—which in turn was, and is, mainly based on their urban centres. The same has qualified South Africa a BRIC member since 2010; thus the term is now BRICS. Since then, these states have gained significant influence on regional and global affairs, as they are all members of the G20. Due to their political and economic role within their regions, the BRICS states are named as anchor states in German development cooperation. These emerging economies—and especially the megacities within these states—have a positive impact on their geographic region. The megacities in particular lead the way within their countries by currently coping with the problems soon to face many (mega)cities.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-319-62671-0_1

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DOI: 10.1007/978-3-319-62671-0_1

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