The Cracks in the BRICS
Sarikat Tandon and
Swaha Shome
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Sarikat Tandon: IBS Mumbai, India
Swaha Shome: IBS Mumbai, India
Annals of the University of Petrosani, Economics, 2009, vol. 9, issue 4, 273-282
Abstract:
The emerging economies Brazil, Russia, India and China have been popularly named BRIC nations. For almost a decade the name survived although the strength of the BRIC weakened as the members displayed differential rates of growth in most macro indicators. An alternative cluster has emerged recently which stands out to be more integrated in key variables than the original. The paper seeks to examine the correlation strengths between the BRIC nations at first and subsequently investigate for the newer cluster with the same macroeconomic parameters.
Keywords: BRIC; GDP; inflation; current account; correlation; significance; N11 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:9:i:4:y:2009:p:273-282
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