GITAM School of International Business,
Visakhapatnam
India
Research Article
Revealed Comparative Advantage and Competitiveness: A Study on BRICS
Author(s): Raghuramapatruni RRaghuramapatruni R
The BRICS have emerged as a major global force in the global economic arena, with the balance of economic power shifting dramatically towards Asia over the next decades. With 43 percent of the world’s population, 46% of the global labour force, 30% of the earth’s landmass and 25% of the world share of GDP, the BRICS countries, apart from complementing their respective economies in terms of resource exchange are also the major suppliers to the industrial world. With a cumulative global trade of 20 per cent and generating more than 40 per cent of global .. Read More»