1. Crumbs from the BRICs-man's table.
- Subjects
- *
FINANCIAL crises , *RECESSIONS ,ECONOMIC conditions in developing countries ,DEVELOPING countries - Abstract
The article discusses how the countries of Brazil, Russia, India and China (BRICS) have helped poorer nations emerge from the global recession. According to the article, the study "Global Financial Crisis Discussion Paper Synthesis (phase 2)" by Dirk Willem te Velde from the Overseas Development Institute found that emerging powers affect the growth prospects of poorer ones. How the BRICS' deals have affected trade and foreign direct investment from the West to Africa are discussed.
- Published
- 2010