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Trade Flows of Emerging Economies in The Current Economic Context-Developments and Trends

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  • Nãstase Luiza Loredana

    (University of Craiova Faculty of Economics and Business Administration)

Abstract

Consumption is currently soaring within rapid growth markets, due to demographic evolutions and an increase in real income. As economic growth has been very low in developed countries, investors turned their foreign capital inputs towards emerging countries. It is estimated that emerging economies will stand for more than half of the global increase in the following three years. BRICS countries (Brazil, Russia, India, China and South Africa) are especially important within the group of emerging countries, but also at a worldwide commercial level, as they include about 45% of the world’s population and stand for a quarter of the global economy (13,500 billion $).

Suggested Citation

  • Nãstase Luiza Loredana, 2012. "Trade Flows of Emerging Economies in The Current Economic Context-Developments and Trends," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 100-103, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:100-103
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    More about this item

    Keywords

    emerging economy; BRICS; sustainability; economic growth;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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