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The BRIC states: An economic comparison

Author

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  • Karol Paludkiewicz
  • Georg Paula
  • Klaus Wohlrabe

Abstract

Media and policy attention has recently focussed on the four newly industrialised countries of Brazil, Russia, India and China, often referred to as the BRIC states. This public attention is clearly the result of the increasing economic importance of these countries. This article describes their economic development in recent years, comparing it with the advanced economies of the US and Germany. It also provides an overview of the fiscal policies of the BRIC states during the recent economic and financial crisis.

Suggested Citation

  • Karol Paludkiewicz & Georg Paula & Klaus Wohlrabe, 2010. "The BRIC states: An economic comparison," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(23), pages 42-50, December.
  • Handle: RePEc:ces:ifosdt:v:63:y:2010:i:23:p:42-50
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    References listed on IDEAS

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    1. Christoph Zeiner, 2008. "Selected countries and their international economic links: China," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(18), pages 35-37, September.
    2. Projektgruppe Gemeinschaftsdiagnose, 2009. "Hesitant Recovery, Growing Government Indebtedness," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(20), pages 03-64, October.
    3. Christoph Zeiner, 2008. "The international economic linkages of Brazil," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(22), pages 55-57, November.
    4. Christoph Zeiner, 2009. "The international economic linkages of Russia," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(02), pages 28-30, January.
    5. Gernot Nerb & Anna Wolf, 2010. "Slight fall in the Ifo World Economic Climate Indicator," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(16), pages 35-43, August.
    6. Klaus Abberger & Wolfgang Nierhaus, 2010. "The Ifo Business Cycle Clock: circular correlation with GDP," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(05), pages 32-43, March.
    7. Christoph Zeiner, 2009. "The international economic linkages of India," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(04), pages 17-19, February.
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