BRIC Countries

Engines of The World Economy

Economic performance in comparisonIn 2015 the BRIC states will have more clout in the global economy than the EU countries. Already in 2002 to 2008 Brazil, Russia, India and above all China were the engine of the world economy. Except for 2004 and 2005 their import growth rate was higher than that of the US with China playing the dominant role. Germany’s industry profits from the pull of the BRIC countries – in particular the electrical and chemical industries with their strong export position. The success of these branches in the BRIC export markets varies substantially, however, not the least because of the heavy global competition.

More articles on the topic

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IW-Newsletter
No. 4 from July 8, 2010
German Exports to Emerging Markets: One-fourth of Total Exports
 Between 2000 and 2007, German merchandize exports to emerging market countries have grown strongly.
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IW-Newsletter - No. 5 from December 23, 2011
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Quarterly English Summaries of IW Studies.

Further articles of this issue

Building Activity in the German Housing Market

Underneath a Moderate Recovery Big Regional Differences

Bachelor-graduates

Companies are Quite Satisfied

The US Health System and Recent Health Care Reform

Centennial Reform or Nonstarter?

The link between orders and production in manufacturing

Harder to Predict in Boom Time

Newsletter: Newsletter (in Englisch)
15.8.2011, Industrie profitiert vom Boom der BRIC-Länder