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The various growth performances of different countries and integration attempts led to several axis and paradigm shifts in the world's economic history. The last shift including Brazil, RF, India and PRC, which forms the theme of the study, was nomenclatured by Jim O'Neill in 2001 as BRIC, being inspired by the first letters of the countries. USA took over the title of world economic leader from England in 1890 and handed over this leadership to PRC in 2014, a year which was very much earlier than the anticipations that was predicated at the first step as 2050. Actually, this handover among PRC and USA is the shaping of BRIC miracle in flesh and bones, which incorporates the last chain of the different economic success stories of the 20th century. In the study, the economic performances of BRIC countries are studied in details and it is revealed that they would afford more advantage from this axis shift if they take joint action. [ABSTRACT FROM AUTHOR]

The various growth performances of different countries and integration attempts led to several axis and paradigm shifts in the world's economic history. The last shift including Brazil, RF, India and PRC, which forms the theme of the study, was nomenclatured by Jim O'Neill in 2001 as BRIC, being inspired by the first letters of the countries. USA took over the title of world economic leader from England in 1890 and handed over this leadership to PRC in 2014, a year which was very much earlier than the anticipations that was predicated at the first step as 2050. Actually, this handover among PRC and USA is the shaping of BRIC miracle in flesh and bones, which incorporates the last chain of the different economic success stories of the 20th century. In the study, the economic performances of BRIC countries are studied in details and it isrevealed that they would afford more advantage from this axis shift if they take joint action. [ABSTRACT FROM AUTHOR]