BRICs in the global economy under the prism of economic nationalism of IPE

Spyros Roukanas and Gabriel V. Diamantis ()
Additional contact information
Gabriel V. Diamantis: Dept. of International and European Studies, University of Piraeus, Piraeus, Greece

International Journal of Business and Economic Sciences Applied Research (IJBESAR), 2014, vol. 7, issue 1, 51-67

Abstract: The international economic crisis which began in 2007 has limited developed countries’ growth rates and manifested debt crises in certain economies in the Eurozone. It is the aim of this article to analyze the role that the BRIC group of nations has played in international financial institutions under the prism of economic nationalism of International Political Economy. Firstly, it aims to deepen our understanding of the emergence of the BRICs in the world economy. To this end, a macroeconomic analysis is carried out with the aim of making clear the changes the BRICs have brought to the world economy. Secondly, an analysis is made of the extent to which the global economic crisis has enhanced the role of the BRICs in the world economy, for instance in the decisions taken by powerful institutions such as World Trade Organization, the International Monetary Fund and its sister organization the World Bank. An analysis of the findings of the study is also provided.

Keywords: BRICs; International Political Economy; World Trade Organization; International Monetary Fund; World Bank (search for similar items in EconPapers)
JEL-codes: F33 F5 F52 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ijbesar.af.duth.gr/docs/volume7_issue1/brics_ipe.pdf (application/pdf)
https://ijbesar.af.duth.gr/volume7_issue1.php (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tei:journl:v:7:y:2014:i:1:p:51-67

Access Statistics for this article

International Journal of Business and Economic Sciences Applied Research (IJBESAR) is currently edited by Christos Grose and Persefoni Polychronidou

More articles in International Journal of Business and Economic Sciences Applied Research (IJBESAR) from Democritus University of Thrace (DUTH), Kavala Campus, Greece Contact information at EDIRC.
Bibliographic data for series maintained by Kostas Stergidis ().