New Delhi, Oct. 5 -- India's growth and prosperity can bode well for the world, American economist Michael Greenstone said, in a sharp contrast to the view that a stronger Brics grouping would be a threat to the US.

In response to a question on how he perceives the rise of the Brics grouping, Greenstone, former chief economist in the Obama administration, said: "I don't have the view that the world is zero sum. I think a strong and prosperous India can be very good for the world and the same with the other members of the Brics countries."

Greenstone spoke in an interview with Mint on the sidelines of the Kautilya Economic Conclave in New Delhi.

Brics, initially comprising Brazil, Russia, India, China and South Africa, expanded in 2024 ...