The Role of the BRICS Countries in the Geographical Distribution of the World Trade
The Role of the BRICS Countries in the Geographical Distribution of the World Trade
Author(s): Diana LESNIC, Rodica CruduSubject(s): Politics / Political Sciences, Politics, Social Sciences, Economy, National Economy, Supranational / Global Economy, Sociology, International relations/trade, Developing nations, Economic development
Published by: Center for Studies in European Integration, Academy of Economic Studies of Moldova
Keywords: International trade; BRICS; World Economy; Influence; International Relations;
Summary/Abstract: Today there are changes in the models of the world economy, the increased role of developing countries on global arena and within international organizations, power shifts to developing world. The recent growth of emerging economies, mainly represented by BRICS has established a new path for international economic relations, by creating a solid counterweight to the global economic players, such as US and EU. This article provides some clues how BRICS countries influence upon international trade and what role do they possess in the global distribution of trade flows.
Journal: Centre for Studies in European Integration Working Papers Series
- Issue Year: 2019
- Issue No: 12
- Page Range: 55-66
- Page Count: 12
- Language: English