|
|
|
Sort Order |
|
|
|
Items / Page
|
|
|
|
|
|
|
| Srl | Item |
| 1 |
ID:
180702
|
|
|
|
|
| Summary/Abstract |
THE FIVE MEMBER COUNTRIES of BRICS - Brazil, Russia, India, China, and South Africa - possess significant economic resources and are significant political actors. On January 1, 2020, BRICS' rotating one-year chairmanship passed over to Russia. The motto of the Russian chairmanship is "BRICS Strategic Partnership for Global Stability, Shared Security and Innovative Growth." But the business cultures of the five countries seriously differ from one another, and it is essential to launch discussions to prevent these differences from causing misunderstandings and consequent conflicts.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2 |
ID:
170682
|
|
|
|
|
| Summary/Abstract |
This article examines the preconditions and reasons for interaction between BRICS countries in the fields of science, research and university education. It analyzes the particular ways in which the member countries develop and coordinate their positions in these areas. It also reviews and evaluates the practical experience gained from cooperating on scientific and technological research and innovation (STRI), and the functioning of the BRICS Network University, and considers the prospects for further joint work in these areas.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
ID:
170681
|
|
|
|
|
| Summary/Abstract |
The picture of the post-crisis world is shaped by the paradigm shifts about the sustainability of national development as a globally integrated co-development and as a necessary condition for national security and defence. Each state faces the steep task of developing new effective foreign economic policy, replacing the former export-oriented and protectionist import-substituting strategies. Such policy changes primarily concern the BRICS countries, including Russia and its place/role in expanding international trade in intermediate goods and services. Simultaneously, Russia and the BRICS must develop new mechanisms of economic cooperation between themselves in the form of global value chains (GVCs).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
ID:
122137
|
|
|
|
|
| Publication |
2013.
|
| Summary/Abstract |
The current international political and economic order was mainly established after the WWII. It has been seriously challenged by the changing international landscape particularly since the beginning of the 21st century. In addition, quantitative changes have taken place in the balance of power between developed and developing countries. The establishment of the mechanism of cooperation among the BRICS countries is increasingly posing a challenge to the traditional monopoly of advanced countries in world economic, political and governance systems. The inception, growth and strengthening of the BRICS was necessitated by international developments and reflects the desire of emerging countries to reform the unfair international political and economic order. As the current situation continues to evolve, the BRICS will lead emerging markets in reshaping the international landscape.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 5 |
ID:
155302
|
|
|
|
|
| Summary/Abstract |
This empirical note re-examines the causal linkages between military expenditures and economic growth for the BRICS countries (Brazil, Russia, India, China, and South Africa) and that for the USA during the period 1988–2012. Results of Granger causality tests show that military expenditures influence economic growth in the USA, economic growth influences military expenditures in both Brazil and India, a feedback between military expenditures and economic growth in Russia, and no causal relation exists between military expenditures and economic growth in China and South Africa. The findings of this study can provide important policy implications for the BRICS countries and also for the USA.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 6 |
ID:
127916
|
|
|
|
|
| Publication |
2014.
|
| Summary/Abstract |
This study reexamines the causal link between electricity consumption, economic growth and CO2 emissions in the BRICS countries (i.e., Brazil, Russia, India, China, and South Africa) for the period 1990-2010, using panel causality analysis, accounting for dependency and heterogeneity across countries. Regarding the electricity-GDP nexus, the empirical results support evidence on the feedback hypothesis for Russia and the conservation hypothesis for South Africa. However, a neutrality hypothesis holds for Brazil, India and China, indicating neither electricity consumption nor economic growth is sensitive to each other in these three countries. Regarding the GDP-CO2 emissions nexus, a feedback hypothesis for Russia, a one-way Granger causality running from GDP to CO2 emissions in South Africa and reverse relationship from CO2 emissions to GDP in Brazil is found. There is no evidence of Granger causality between GDP and CO2 emissions in India and China. Furthermore, electricity consumption is found to Granger cause CO2 emissions in India, while there is no Granger causality between electricity consumption and CO2 emissions in Brazil, Russia, China and South Africa. Therefore, the differing results for the BRICS countries imply that policies cannot be uniformly implemented as they will have different effects in each of the BRICS countries under study.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 7 |
ID:
165525
|
|
|
|
|
| Summary/Abstract |
This article investigates the long-run relationship between openness in financial services trade (OPTIFS) and financial development in five BRICS (Brazil, Russia, India, China and South Africa) economies, for the period of 1990–2012. It is found that the variables under consideration possess a long-run relationship in the mentioned economies. Fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) have been performed to find the long-run coefficient of the variables. Results from FMOLS and DOLS have confirmed that OPTIFS has a positive and significant impact on financial development. The study reveals that 1 per cent increase in trade in financial services causes 0.109 increase in total credit to private sector, which is used as a proxy for financial development, indicating that the government should try to remove barriers from trade in financial services in order to develop better financial structure, thereby promoting further growth. It is also found that some of the control variables like gross savings and gross domestic product have positive and significant impact on financial development at 5 per cent level of significance
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|