Prospects for Economic Integration within BRICS

Authors

  • Ekaterina Yakovlevna Arapova oscow State Institute of International Relations (University) MFA Russia

Keywords:

Russia, BRICS, economic integration, regionalism, trade protectionism, bilateral trade, investment climate

Abstract

The paper analyses prospects for economic integration within BRICS countries. The author identifies key factors, contributing and hampering implementation of integration scenario, gives a comprehensive assessment of bilateral trade balances, commodity structure of mutual trade flows,
merchandise trade complementarity indices dynamics etc. The author pays special attention to protectionism in BRICS countries’ trade policies, estimates BRICS heterogeneity on trade regulation and investment climate indicators. In final part of the paper the author presents key conclusions and forecasts of transregional integration prospects and the most likely and favorable format of economic integration within BRICS.

Author Biography

Ekaterina Yakovlevna Arapova, oscow State Institute of International Relations (University) MFA Russia

Candidate of Economic Sciences

Work place, position: Moscow State Institute of International Relations (University) MFA Russia, Department of Assessment and Coordination of International and Dual Master’s Degree Programs - the Head 

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Published

2024-02-08

How to Cite

Arapova, E. Y. (2024). Prospects for Economic Integration within BRICS. Russian Foreign Economic Journal, (2), 32–47. Retrieved from https://journal.vavt.ru/rfej/article/view/2168

Issue

No. 2 (2016)

Section

World economy