New "Stars" of Global Economy : TICKS Comes to Replace BRICS

• Autorzy: Iryna Chychkalo-Kondratska , Nataliya Bezrukova , Vitalii Svichkar
• Języki publikacji: EN

Abstrakty

EN

The paper discusses the reasons for the establishment of BRICS, and the role of the BRICS countries in the global economy today. Special attention is paid to the analysis of the factors, which caused the "destruction" of BRICS. The BRICS group is now being replaced by a new grouping of fast-growing economies - TICKS in which Russia and Brazil are replaced by Taiwan and South Korea. The authors analyzed the macroeconomic indicators of the TICKS countries and proposed a new structure of the grouping - Thailand, India, China, Korea, Singapore. These countries have fast-developing high-tech industries, increasing foreign investments and GDP, as it is proved here by the respective calculations of the authors. (original abstract)

Słowa kluczowe

EN

International economics; Emerging markets; Foreign investment

PL

Gospodarka międzynarodowa; Rynki wschodzące; Inwestycje zagraniczne

• Czasopismo: Journal of International Studies
• Rocznik: 2017
• Tom: 10
• Numer: nr 3
• Strony: 24--34

Twórcy

autor

Iryna Chychkalo-Kondratska

• Yuri Kondratyuk National Technical University, Poltava, Ukraine

autor

Nataliya Bezrukova

• Yuri Kondratyuk National Technical University, Poltava, Ukraine

autor

Vitalii Svichkar

• Yuri Kondratyuk National Technical University, Poltava, Ukraine

Bibliografia

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• BRICS. (2015). BRICS in Numbers. Retrieved 03 November 2016 from http://en.brics2015.ru.
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• International Monetary Fund. (2016, April). World Economic Outlook (WEO). Too Slow for Too Long. Retrieved 03 November 2016 from http://www.imf.org/external/pubs/ft/weo/2016/01/pdf/text.pdf.
• Johnson, S. (2016, January 28). The Brics are dead. Long live the Ticks. Financial Times. Retrieved 03 November 2016 from http://www.ft.com/cms/s/2/b1756028-c355-11e5-808f-8231cd71622e.html

Identyfikatory

DOI

10.14254/2071-8330.2017/10-3/2