From Power Transition to Economic Integration Theory: A Review of the BRICS Literature

29 Pages Posted: 10 Oct 2015 Last revised: 28 Oct 2015

See all articles by Yvonne Sperlich

Yvonne Sperlich

University of Geneva - Department of Economics

Date Written: October 8, 2015

Abstract

During the last decade, many scientific articles have been published in political science about the formation of BRICS and the therewith related possible change of the international order.

However, this topic has attracted much less attention in the economics literature. Based on a selective literature review of articles in political science and economics we summarize their findings from both disciplines, and analyze the economic and political development of the member states before and after having formed this alliance. A conclusion is that this collaboration is in fact becoming increasingly important for the world economy, international order, and the catching-up development in poorer world regions. This entails various challenges for related research, like the study of potential trade effects of a closer BRICS cooperation.

Keywords: BRICS, China, economics, review, power transition

JEL Classification: F02, O10, O11, O19, P59, R10

Suggested Citation

Sperlich, Yvonne, From Power Transition to Economic Integration Theory: A Review of the BRICS Literature (October 8, 2015). Available at SSRN: https://ssrn.com/abstract=2671421 or http://dx.doi.org/10.2139/ssrn.2671421

Yvonne Sperlich (Contact Author)

University of Geneva - Department of Economics ( email )

102 Bd Carl Vogt
Geneva 4, 1211
Switzerland

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