title: The International Business Management Environment in the BRIC(S) Bloc
metadata.name: dc.contributor.author
metadata.value: Littrell, Romie F.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Prem, Ramburuth
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2018-02-06T16:03:41Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2018-02-06T16:03:41Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2017-12
metadata.lang: -
metadata.name: dc.identifier.other
metadata.value: 10.21638/11701/spbu18.2017.407
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/9105
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The BRIC countries (Brazil, Russia, India and China) were identified as the fastest growing emerging
  economies by the economist Jim O’Neill in 2001. He created the acronym BRIC (which became
  BRICS in 2010 to include South Africa) and raised their profiles. Some researchers viewed the rise
  of BRIC(S) as phenomenal, others were more cautious. Scholars such as [Sinha, Dorschner, 2010]
  noted the disparate nature of the BRIC countries, being separated geographically, culturally and
  politically. Others (e.g. [Armijo, Burges, 2007; Tudoroiu, 2012]) noted a lack of conceptualization
  of BRIC(S) as a group, that is having an array of similar characteristics. This article reviews the
  international business management environment in the BRIC(S) bloc, finding uncertainties about
  the sustainability of their upward trajectories. Historically and statistically, emerging economies that
  secure rapid economic growth seem unable to sustain it after a decade, evident in the decline of
  the economic fortunes of BRIC(S). This paper provides statistical insights into BRIC(S) individual
  and bloc performance and discusses alternate clusters of emerging economies and predictions
  (e. g. FIG, MINT, MIST, etc.). The discussion briefly considers the role of the New Development
  Bank (2015), provision of development finance to BRIC(S) and other emerging economies, and
  positioning in relation to existing financial institutions. The paper concludes with suggestions for
  a more considered assessment of emerging economies and their role in the global economy.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Russian Management Journal;Volume 15; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: international business management environment
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: emerging economies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: BRIC(S)
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: the Next Eleven
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: New Development Bank
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The International Business Management Environment in the BRIC(S) Bloc
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 08-Littrell.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/9105/1/08-Littrell.pdf
resources.format: Adobe PDF
resources.size: 329,38 kB