Vercueil, Julien <br/><br/>
What Do We Learn from BRIC? Three Conjectures on Emerging Economies 

 -  2012.<br/>							 
<br/><br/> 9 
<br/><br/> This article uses an explorative definition of the notion of “emerging economies” to study the four most important ones: Brazil, Russia, India, and China. It formulates three conjectures about these economies, illustrated by BRIC, in spite of their diversity: institutional coherence is a precondition to economic emergence; BRIC trajectories have been piloted in real time; and there is no “one best way” for economic emergence.