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BRICs and Global Economic Power

In: Globalization and the BRICs

Author

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  • Francesca Beausang

    (4CAST)

Abstract

A key idea in this book is that emerging markets are changing the face of the global economy but that their ability to dominate in non-economic spheres is more uncertain. This chapter focuses on the central dimensions of their economic domination; namely, their growing contributions to global economic growth, inflation, trade and finance. This data-heavy chapter aims at giving a sense of the overall size and forms of the emerging markets’ engagement with the global economy and thereby provide the foundation for a deeper analysis in later chapters of the sustainability of the BRIC miracle.

Suggested Citation

  • Francesca Beausang, 2012. "BRICs and Global Economic Power," Palgrave Macmillan Books, in: Globalization and the BRICs, chapter 2, pages 51-67, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-27160-0_3
    DOI: 10.1057/9781137271600_3
    as

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