BRIC in the Global Economy

Toma Sorin-George (), Grãdinaru Cãtãlin () and Stanciu Costel ()
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Toma Sorin-George: Faculty of Administration and Business, University of Bucharest
Grãdinaru Cãtãlin: Faculty of Administration and Business, University of Bucharest
Stanciu Costel: University Nicolae Titulescu Bucharest

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 53-56

Abstract: The actual state of globalization expresses the fact that there is a tough competition between the neoliberal capitalism, tipified by the United States of America, and the state capitalism, illustrated by China. Brazil, Russia, India and China form the so-called BRIC group of countries. The BRIC represent one of the key engines of expansion for today’s global economy. The aims of our paper are to briefly present and analyse the increasing role played by BRIC in today’s global economy.

Keywords: BRIC; globalization; capitalism; global economy (search for similar items in EconPapers)
JEL-codes: F02 F6 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:53-56

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