ARE THE BRICS STILL A MIRACLE?
Journal Title: MANAGERIAL CHALLENGES OF THE CONTEMPORARY SOCIETY - Year 2017, Vol 1, Issue 10
Abstract
When the subject of ‘emerging economies’ is approached, most of us are thinking about the BRICS countries. These five economies (Brazil, Russian Federation, India, China and South Africa) were, up until recently, considered to be the “revelation” of our times. The reason for this could be found in their economic opportunities. Nevertheless, currently, there are some voices saying there is no miracle in their recent evolution. In this paper we intend to analyze some economic aspects, by comparison, in order to provide some answers whether we can still talk about a miracle in their development or not. In order to achieve this purpose, we analyze the main economic indicators of BRICS countries over the past ten years. The results support the conclusion that although the growth rates of the previous decades are not expected to be seen in the future, and the BRICS do not attract as much attention and debate in the literature, we believe that the BRICS have not lost their relevance and they still have a significant influence on global economy.
Authors and Affiliations
Mihaela Rovinaru, Flavius Rovinaru, Larisa Nicoleta Pop
Keywords
Related Articles
- EP ID EP274351
- DOI -
- Views 128
- Downloads 0
MANAGING HUMAN RESOURCES IN ROMANIAN STATE THEATERS
The main employers of theatre graduates such as actors, directors, play writers and so on in Romania, are the state theatre companies around the country. This paper analyzes and investigates the state theater companies’...
EMPLOYEE WELLBEING IN HEALTH CARE SERVICES: THE MODERATING ROLE OF JOB SATISFACTION ON THE RELATIONSHIP BETWEEN BURNOUT AND TURNOVER
While the employees’ turnover in the health care sector is generally a critical problem of the medical system, this represents an even stronger challenge for the developing countries. This paper investigates the burnout...
IMPLICATIONS OF ROMANIAN SOCIAL ECONOMY ORGANIZATIONS
Because of the international notoriety of social entrepreneurship, there is an increased awareness of the role in the development of any sustainable economy. This concern was materialized in various initiatives of social...
FINANCIAL MANAGEMENT SEEN THROUGH THE VIEW POINT OF THE GLOBALIZATION PROCESS
This paper tries to underline how companies work and how they run on their favorite fuel, money. The financial side of management represents a tool through which we understand the costs and financial benefits of adopting...
AN INSIGHT ON THE ROMANIAN EMAS REGISTERED ORGANIZATIONS
The paper aims to analysis the characteristics and the number of Romanian organizations that have an EMAS certification for their environmental management system. In order to collect information regarding the number of E...