The Evolution and Future of the BRICS: Unbundling Politics from Economics

Author(s)

Antonio Figueiredo, Nova Southeastern UniversityFollow
Manuchehr Shahrokhi
Huifang Cheng
Krishnan Dandapani
Ali M. Parhizgari
Yochanan Shachmurove

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

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