Authors : A. Slepov Vladimir, K. Burlachkov Vladimir and I. Volkov Ivan
Abstract: The study deals with the experience of BRICS countries in the financing of the economic growth. The rapid development of these countries in 2000-2010 is the latest example of the catch-up in the global economy. The mechanism of income generation is considered which is the basis for self-maintaining growth. The primary and secondary financial sources of such growth are outlined, the dynamics of savings and investments in BRICS countries is analyzed. It is emphasized that the action of this mechanism developed investment multiplier in the respective economies.
A. Slepov Vladimir, K. Burlachkov Vladimir and I. Volkov Ivan, 2018. Bric’s Experience in the Financing of the Economic Growth. International Business Management, 12: 525-528.