If one looks at a list of countries by GDP (without price level adjustment), the top countries which do not have a defense pact with the US (or, alternatively, which are not rich) are China, India, Brazil, and Russia. Adding a price level adjustment moves Indonesia ahead of Brazil, but
Why the BRICS are real
Why the BRICS are real
Why the BRICS are real
If one looks at a list of countries by GDP (without price level adjustment), the top countries which do not have a defense pact with the US (or, alternatively, which are not rich) are China, India, Brazil, and Russia. Adding a price level adjustment moves Indonesia ahead of Brazil, but