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Titel
Stability and development of selected Emerging Markets (Brazil, Russia and India) / Orkhan Saidov
VerfasserSaidov, Orkhan
Betreuer / BetreuerinSenz, Robert
ErschienenWien, 04.01.2016
UmfangXI, 111 Seiten
HochschulschriftFachhochschule des BFI Wien, Univ., Masterarbeit, 2016
SpracheEnglisch
DokumenttypMasterarbeit
URNurn:nbn:at:at-fhbfiw:1-905 Persistent Identifier (URN)
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Stability and development of selected Emerging Markets (Brazil, Russia and India) [1.93 mb]
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Zusammenfassung (Englisch)

The BRICS nations (Brazil, Russia, India, China and South Africa) have demonstrated two decades (or more) of strong economic growth. They are now the dray-horses of the worldwide economic growth perspective, or the obstacles if their economic perspective is negative. Alone Chinas economy has developed to one of the strongest economies since the opening of 1978. This thesis researched the countries of Russia, India and Brazil towards obstacles of their current and future economic development in regard of the political instability. Both economic development and political stability can influence each other. A fast economic growth for example can stress the old institutions, which can lead to dissatisfaction by the people, who request for political change. Or an example from the opposite point of view is that the political leadership is not able to deal with the economic changes and therefore hinders economic growth perspectives, which enrages the people. The interdependence and the logic behind political instability and economic growth are been researched in this thesis. A short introduction of the new worldwide international organizations tools is given (but not the old Bretton-Woods, American dominated institutions, as they lose their grip on the world economy). An analysis about the economic development and political stability of the three BRICS nations Russia, India and Brazil are made in the empirical chapter. The analysis shows that the researched countries have a degree of uncertainty and instability; which however can be diminished by the Chinese factor or stabilization. Overall the rapid growth has stressed the institutions in Russia, India and Brazil, but the institutions were so far able to cope with the rapid growth of the past decades. A further strengthening of the institutions should have a stabilizing effect on the political situation and the economic growth perspective.