![Jim O'neill former Chief Economist Goldman Sachs, spaeaking at Business Summitt 8th march 2017 photo by Louise Kennerley afr](/web/20170311131835im_/http://www.theage.com.au/content/dam/images/g/u/t/4/6/e/image.related.landscape.460x307.gutasg.png/1488997436205.jpg)
Don't overestimate Trump's US - it no longer drives the world economy
Jim O'Neill, the British economist who coined the term "BRICS" to describe the world's emerging economic powers, has warned further global economic integration could become problematic without radical policies to boost wages in advanced economies like Australia.