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dc.contributor.authorAnand, Prathivadi B.*
dc.contributor.authorComim, F.*
dc.contributor.authorFennell, S.*
dc.date.accessioned2018-11-20T16:10:57Z
dc.date.available2018-11-20T16:10:57Z
dc.date.issued2020-12-17
dc.identifier.citationAnand PB, Comim F and Fennell S (2020) BRICS and Emerging Economies: An assessment. In: Anand PB, Fennell S and Comim F (Eds) Handbook of BRICS and Emerging Economies. New York: Oxford University Press.en_US
dc.identifier.urihttp://hdl.handle.net/10454/16657
dc.descriptionNoen_US
dc.description.abstractThe aim of this chapter is a comprehensive analysis of various aspects of the emergence of BRICS. We begin with an examination of emergence of BRICS showing that BRICS have been members of the top 15 largest economies in the world since 1960. In purchasing power parity terms, by 2015, BRICS have equalled G7 countries in terms of the share of global output. Various possible explanatory factors of their growth are examined. Though BRICS account for nearly a half of global output growth, in terms of real per capita income, BRICS have a long way to go. There are many challenges to BRICS in terms of the levels of income and wealth inequalities, the educational inequalities as measured in terms of education-Gini and the quality of their infrastructure notwithstanding the massive investments being made remains inadequate. We also analyse the nine BRICS summits so far and the text analysis of these declarations suggests that such summits are becoming more formal and focused on specific policy outcomes and creation of new institutions for deepening multilateral co-operation. The chapter ends with an analysis of global governance issues and four possible future scenarios of BRICS.en_US
dc.language.isoenen_US
dc.relation.isreferencedbyhttps://global.oup.com/academic/product/handbook-of-brics-and-emerging-economies-9780198827535?cc=gb&lang=en&#en_US
dc.subjectBRICSen_US
dc.subjectEconomyen_US
dc.subjectInequalityen_US
dc.subjectSummitryen_US
dc.subjectGlobal governanceen_US
dc.titleBRICS and Emerging Economies: an assessmenten_US
dc.status.refereedYesen_US
dc.typeBook chapteren_US
dc.type.versionNo full-text in the repositoryen_US
refterms.dateFOA2018-11-20T16:10:57Z


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