Trade Flows of Emerging Economies in The Current Economic Context-Developments and Trends

Luiza Loredana Nastase ()

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 100-103

Abstract: Consumption is currently soaring within rapid growth markets, due to demographic evolutions and an increase in real income. As economic growth has been very low in developed countries, investors turned their foreign capital inputs towards emerging countries. It is estimated that emerging economies will stand for more than half of the global increase in the following three years. BRICS countries (Brazil, Russia, India, China and South Africa) are especially important within the group of emerging countries, but also at a worldwide commercial level, as they include about 45% of the world’s population and stand for a quarter of the global economy (13,500 billion $).

Keywords: emerging economy; BRICS; sustainability; economic growth (search for similar items in EconPapers)
JEL-codes: F14 F17 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:12:p:100-103

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