IDEAS home Printed from
   My bibliography  Save this article

Study of Output Convergence Pattern of BRIC Economies: Application of Fuzzy Mathematics


  • Rakesh Bajaj
  • Amit Srivastava


: The present paper tests the projected convergence pattern of per capita GDP of Brazil, Russia, India and China (also known as the BRIC economies) using a comparatively new technique, the fuzzy clustering algorithm. The analysis, based on Goldman Sachs annual report of 2003, shows that by the end of 2050, the projected per capita GDP of all the four countries will tend towards convergence as compared to 2000. According to the Report, by the end of 2050, the four countries will emerge as very strong economies of the world and together they will be greater in terms of GDP than the G6 countries (the US, Japan, the UK, Germany, France and Italy). In absolute terms, China will be the number one economy, followed by the US at second position and India at third position.

Suggested Citation

  • Rakesh Bajaj & Amit Srivastava, 2009. "Study of Output Convergence Pattern of BRIC Economies: Application of Fuzzy Mathematics," The IUP Journal of Applied Economics, IUP Publications, vol. 0(3-4), pages 107-115, May-July.
  • Handle: RePEc:icf:icfjae:v:08:y:2009:i:3-4:p:107-115

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjae:v:08:y:2009:i:3-4:p:107-115. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (G R K Murty). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.