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https://www.um.edu.mt/library/oar/handle/123456789/40553| Title: | The impact of emerging markets (BRIC`s) on CARICOM |
| Authors: | Hosein, Roger Khadan, Jeetendra |
| Keywords: | Economic development -- BRIC countries Banks and banking -- BRIC countries Investments, Foreign -- BRIC countries Markets -- Case studies |
| Issue Date: | 2012 |
| Publisher: | University of Malta. Islands and Small States Institute |
| Citation: | Hosein, R., & Khadan, J. (2012). The Impact of Emerging Markets (BRICs) on CARICOM.. Occasional Papers on Islands and Small States, 5, 1-55. |
| Abstract: | This paper provides a detailed outline of the economic progress of Brazil, Russia, India and China (BRICs) and its implications for the Caribbean Community (CARICOM). BRICs have been identified as four emerging markets with the ability to surpass the present G6 countries by 2050 in terms of their combined Gross Domestic Product (GDP). This has significant implications for developing countries in terms of their trade and investment outlook. The share of BRICs GDP in world GDP is now close to 18% and their outbound investments have increased significantly in the past decade. CARICOM economies are presently net importers from BRICs; as such this paper outlines various export opportunities for CARICOM by utilizing several trade indices and also identifies other complementary growth effects for CARICOM from the growth of BRICs. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/40553 |
| ISSN: | 10246282 |
| Appears in Collections: | Scholarly Works - InsSSI |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| The_impact_of_emerging_markets_BRICs_on_CARICOM.pdf | 386.22 kB | Adobe PDF | View/Open |
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