The global crisis and the implications for developing countries and the BRICs
Is the "B" really justified
Bibliographic Data
| ID | 4369205 |
|---|---|
| Authors | Jan Kregel (corresponding author) |
| Year | 2009 |
| Volume | 29 |
| Issue | 4 |
| Pages | 341-356 |
| Publication date | 2009-12-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Brazilian Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0101-3157 • E-ISSN: 1809-4538 |
| Publisher | FapUNIFESP (SciELO) (PUBLISHER) |
| DOI | 10.1590/s0101-31572009000400002 |
| OpenAlex | W2005395657 |
| SCIELO_PID | S0101-31572009000400002 |
| Language | EN |
| Citations received | 3 |
| References cited | 1 |
the global crisis and the implications for developing countries and the bRiCs: is the "b" really justified?Jan KRegel*Developing countries experienced high growth and low inflation in the new Millennium.This has been due in part to the impact of the expansion in developed country financial markets on demand for exports.Especially positive has been the performance of the so-called BRICs -Brazil, Russia, India and China.The collapse of the financial markets will eliminate the positive impact of export-led growth.An alternative strategy will be required.One possibility is to build on domestic sources of demand.Brazil is well-placed to engage in such a strategy and already has a number of policies to support this alternative.They should be introduced rapidly
BRIC · China · Developing country · Development economics · Economic growth · Economics · Emerging markets · Financial crisis · International economics · International trade · Keynesian economics · Macroeconomics · Political science · Economic and Technological Innovation · Economic Development and Digital Transformation · Economic Theory and Policy
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,3 |
| Citation span | 2016 - 2023 (8) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |