Volume : VII, Issue : III, March - 2018

The BRICS Economies–A New Order

Venkatesh Murthy K, Dr. S Indumati

Abstract :

 

The globe is changing becoming increasingly multipolar due to the formation and emergency of the BRICS group. In spite of border disputes BRICS cooperation witnessed that group is strong enough to reform the economies and has performing as engine of global growth. The western hegemony and United States (US) influence is fading away due to Global Financial Crisis and lower Gross Domestic Project (GDP) growth and stock markets performance. This is the only a group came into reality as a cooperation from the Jim O’Neil reports. The reports on BRICS are the best empirical proof that these economies are performed better than the report speaks. The strength of the BRICS is very high in human resources as well as in natural resources and now in the equity shares.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Venkatesh Murthy K, Dr. S Indumati, The BRICS Economies–A New Order, INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH : Volume-7 | Issue-3 | March-2018


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