BRICS:The rise of sleeping giant
The combined territories of the BRICS countries account for nearly 30 percent of the world's total land area and 42 percent of the world's total population . In 2010, the group contributed 18 percent of the world's GDP and 15 percent of world trade. Among the BRICS members, China has been the "world factory" for many years, Brazil is a globally important "raw material base," Russia is an important world "petrol station," India is the world's well-known "office," while South Africa is "Africa's resources reservoir."This paper intents to highlights the growing influence of BRICS in the world economy and its role in the changing world economic order.It also intends to discuss the future ,issues and challenges ahead for BRICS and the standing of India in this group. Key words: economic growth, Emerging markets, structural change, BRIC countries
|Date of creation:||Jun 2013|
|Date of revision:|
|Contact details of provider:|| Postal: The Editor, Voice of Research E/1, Samay Appartments, Behind NID, Paldi. Ahmedabad. 380007|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Rodrik, Dani & Subramanian, Arvind, 2004.
"From 'Hindu Growth' to Productivity Surge: The Mystery of the Indian Growth Transition,"
CEPR Discussion Papers
4371, C.E.P.R. Discussion Papers.
- Dani Rodrik & Arvind Subramanian, 2005. "From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition," IMF Staff Papers, Palgrave Macmillan, vol. 52(2), pages 193-228, September.
- Rodrik, Dani & Subramanian, Arvind, 2004. "From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition," Working Paper Series rwp04-013, Harvard University, John F. Kennedy School of Government.
- Dani Rodrik & Arvind Subramanian, 2004. "From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition," NBER Working Papers 10376, National Bureau of Economic Research, Inc.
- Barry Bosworth & Susan M. Collins, 2007.
"Accounting for Growth: Comparing China and India,"
NBER Working Papers
12943, National Bureau of Economic Research, Inc.
- Friedrich Schneider & Dominik Enste, 2000.
"Shadow Economies Around the World; Size, Causes, and Consequences,"
IMF Working Papers
00/26, International Monetary Fund.
- Friedrich Schneider & Dominik Enste, 1999. "Shadow Economies Around the World - Size, Causes, and Consequences," CESifo Working Paper Series 196, CESifo Group Munich.
- Srinivasan, T.N., 2010. "Employment and India's development and reforms," Journal of Comparative Economics, Elsevier, vol. 38(1), pages 82-106, March.
- Luis Catao & Carmen Pages & Maria Fernanda Rosales, 2009.
"Financial Dependence, Formal Credit and Informal Jobs - New Evidence from Brazilian Household Data,"
Research Department Publications
4642, Inter-American Development Bank, Research Department.
- Luis Catão & Carmen Pagés & María Fernanda Rosales, 2009. "Financial Dependence, Formal Credit and Informal Jobs: New Evidence from Brazilian Household Data," IDB Publications (Working Papers) 4123, Inter-American Development Bank.
- Catão, Luis A. V. & Pagés, Carmen & Rosales, Maria Fernanda, 2009. "Financial Dependence, Formal Credit, and Informal Jobs: New Evidence from Brazilian Household Data," IZA Discussion Papers 4609, Institute for the Study of Labor (IZA).
- Cimoli, Mario & Dosi, Giovanni & Stiglitz, Joseph E. (ed.), 2009. "Industrial Policy and Development: The Political Economy of Capabilities Accumulation," OUP Catalogue, Oxford University Press, number 9780199235278, May.
- Balk, B.M., 2001. "The Residual: On Monitoring and Benchmarking Firms, Industries, and Economies with respect to Productivity," ERIM Inaugural Address Series Research in Management EIA-2001-007-MKT, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam..
- Crafts, N F R, 1984. "Patterns of Development in Nineteenth Century Europe," Oxford Economic Papers, Oxford University Press, vol. 36(3), pages 438-58, November.
- K. Sundaram & Suresh D. Tendulkar, 2004. "The Poor in the Indian Labour Force in the 1990s," Working papers 128, Centre for Development Economics, Delhi School of Economics.
- Bhagwati, Jagdish, 1993. "India in Transition: Freeing the Economy," OUP Catalogue, Oxford University Press, number 9780198288473, May.
- Aureo de Paula & Jose A. Scheinkman, 2009.
"The Informal Sector: An Equilibrium Model and Some Empirical Evidence from Brazil,"
PIER Working Paper Archive
09-044, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Áureo De Paula & José A. Scheinkman, 2011. "The Informal Sector: An Equilibrium Model And Some Empirical Evidence From Brazil," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 57, pages S8-S26, 05.
- Guillermo E. Perry & William F. Maloney & Omar S. Arias & Pablo Fajnzylber & Andrew D. Mason & Jaime Saavedra-Chanduvi, 2007. "Informality : Exit and Exclusion," World Bank Publications, The World Bank, number 6730, February.
- Dominik H. Enste & Friedrich Schneider, 2000. "Shadow Economies: Size, Causes, and Consequences," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 77-114, March.
When requesting a correction, please mention this item's handle: RePEc:vor:issues:2013-6-17. 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: (Dr. Avdhesh Jha)
If references are entirely missing, you can add them using this form.