Economic Performance of BRICS Economies: An Analysis of Pre and Post BRICS Era

Mr. P. Dhanasekaran; Ms. M. Sumathy

doi:https://doi.org/10.17492/focus.v5i2.14384

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Economic Performance of BRICS Economies: An Analysis of Pre and Post BRICS Era

P. Dhanasekaran, M. Sumathy

Vol 5, Issue 2, July - December 2018 | Pages: 68-78 | Research Paper

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https://doi.org/10.17492/focus.v5i2.14384

Published Online: November 25, 2018

Author Details ( * ) denotes Corresponding author

1. * P. Dhanasekaran, Ph. D Research Scholar (FT), School of Commerce, Bharathiar University Coimbatore, Coimbatore, Tamil Nadu, India (dhanasekar593@gmail.com)

2. M. Sumathy, Dean, Professor and Head, School of Commerce, Bharathiar University Coimbatore, Coimbatore, Tamil Nadu, India (sumathivenky2005@gmail.com)

This paper intends to analyse the impact of some selected macroeconomic factors on the economies of BRICS nations during the pre and post BRICS era. The analysis done based on the paired sample t-test found a significant impact on the imports, exports, GDP, REER and GCF of BRICS economies during the pre and post BRICS era. The impact is very significant in India as well. The study concluded that though these economies have many challenges to sustain and maintain the trend. FDI will facilitate these economies to enhance large scale production, employment and sustainability.

Keywords

BRICS; Paired Sample t-test; FDI; GDP; Imports; Exports

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