Prospects of BRICS institutionalization

B. Kheyfets ()

Voprosy Ekonomiki, 2015, issue 8

Abstract: The article discusses the features and stages of institutionalization of BRICS that becomes a real player in world politics and economics. There are 4 models of further institutionalization of BRICS, which will be combined with each other. A promising model that involves the creation of new BRICS institutions, providing a multiple effect on the development of the association, is noted. Among such institutions BRICS Bank for International Settlements and the Free Trade and Investments Zone of BRICS are offered.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2015:id:104

DOI: 10.32609/0042-8736-2015-8-25-42

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