Financial and economic indicators of Russia within BRICS

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Abstract


Article is devoted to the reasons and the potential for economic growth in the BRICS. The author wonders about what is a locomotive of economic growth in BRICS countries in conditions of global instability and highlights the importance of the customer demand, which creates a major part of the GDP of these countries. The article provides a detailed analyses of the macroeconomic indicators, developed in these countries and gives an idea about the place of the BRICS countries in the world economy.

About the authors

M A Davtyan

Peoples’ Friendship University of Russia

Email: midavtyan@mail.ru

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