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Globalization and the BRICs : Why the BRICs Will Not Rule the World for Long

Francesca A. Beausang-Hunter  Author

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Globalization and the BRICs : Why the BRICs Will Not Rule the World for Long

English

ISBN: 0230243142

EAN: 9780230243149

Category: Business & Economics / Economic Conditions/Political Science / Globalization/

Publisher: Palgrave Macmillan

Release Date: 10/31/2012

Synopsis: This book documents the recent ascent to economic and political power of Brazil, Russia, India and China (BRICs) and provides a vision of their future prospects. At a time when the Eurozone is calling on these countries to salvage it from indebtedness and President Obama struggles to demonstrate that America is back, this book examines whether the facts support the widespread perception that the BRICs are turning into global economic and political powers. If they are, do the BRICs have what it takes to rule the world in the long-term? In response to this question, this book presents an alternative vision of the BRICs future. It suggests that any threat to Western domination from BRIC ascendancy is offset by excessive inequality and insufficient innovation, which could cause them to lose their economic dynamism and precipitate BRIC decline.

Globalization and the BRICs : Why the BRICs Will Not Rule the World for Long

Illustrated: Yes

Format: Hardcover

Height: 0.89 inches

Width: 5.71 inches

Length: 8.9 inches

Weight: 16.05 oz

Pages: 232