Financial and economic indicators of Russia within BRICS
- Authors: Davtyan MA1
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Affiliations:
- Peoples’ Friendship University of Russia
- Issue: No S5 (2013)
- Pages: 35-42
- Section: Articles
- URL: https://journals.rudn.ru/economics/article/view/11962
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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.