HCBE Faculty Articles
The Evolution and Future of the BRICS: Unbundling Politics from Economics
ORCID
Antonio Figueiredo0000-0002-0362-3057
Document Type
Article
Publication Title
Global Finance Journal
ISSN
1044-0283
Publication Date
2017
Abstract/Excerpt
Under the current global forces, economics muddled with politics is exerting undue pressures on the BRICS countries and is challenging the sustainability of their accord. Unanticipated problems are increasingly inhibiting economic and social prosperity. This paper analyzes the current difficulties that the BRICS are facing, scrutinizes their unique individual economic and political environments, and ventures to anticipate their prospects. Our consensus is that the future prosperity of these countries depends not only on their individual political and economic environments, but also on the major global powers. Furthermore, the current inevitable interconnectivity of politics and economics provides foresight into their future role on the world stage.
DOI
https://doi.org/10.1016/j.gfj.2017.03.002
Volume
32
Issue
C
First Page
1
Last Page
15
NSUWorks Citation
Figueiredo, Antonio; Shahrokhi, Manuchehr; Cheng, Huifang; Dandapani, Krishnan; Parhizgari, Ali M.; and Shachmurove, Yochanan, "The Evolution and Future of the BRICS: Unbundling Politics from Economics" (2017). HCBE Faculty Articles. 799.
https://nsuworks.nova.edu/hcbe_facarticles/799