BRICS reaching out to PEAKS: the next wave of expansion
... can narrow down the circle of countries that may be viewed as the second wave of BRICS to the following emerging economies: East Asia: Indonesia as a G20 member and the largest economy in ASEAN South Asia: Pakistan as the second most significant ... ... Argentina as one of the heavyweights in Latin America Eurasia: Kazakhstan as the second largest economy in the CIS space Middle East: Saudi Arabia as the leading economy in the Middle East The resulting grouping may be referred to as InPEAKS or ...