DEVELOPMENT STRATEGY AS THE MAIN COMPETITIVE ADVANTAGES OF THE BRICS ASSOCIATION
Abstract
One of the main directions of improving the competitiveness of the Russia under globalization of world economy is the development of all-round cooperation in the framework of the groupings of countries, such as the BRICS. The modern views on the essence of the Interstate Association of BRICS, its geopolitical and economic role are discussed in article. The main indicators for individual countries and BRICS in General, conclusions about the place of the BRICS in the world and the location of each country in the BRICS are given in the article. The analysis of the results of the research of the World Economic Forum «The Global Competitiveness Report 2014–2015» is conducted. The authors identified five groups of countries by level Competitiveness in the ranking of the World Economic Forum. Competitive advantages and the weak position of the BRICS countries in this rating are brought into paper. Five development strategies as a major competitive advantage combining BRICS are formed: Finance, Education, Business, Markets, Infrastructure. There are examples of each of these strategies.
About the Authors
A. V. Novikov
Novosibirsk State University of Economics and Management
Russian Federation
Doctor of Economics, Professor, Acting Rector
Russian Federation
Doctor of Economics, Professor, Acting Rector
I. Ya. Novikova
Siberian Academy of Finance and Banking
Russian Federation
PhD in Economics, Associated Professor
Russian Federation
PhD in Economics, Associated Professor
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Review
For citations:
Novikov A.V., Novikova I.Ya. DEVELOPMENT STRATEGY AS THE MAIN COMPETITIVE ADVANTAGES OF THE BRICS ASSOCIATION. Vestnik NSUEM. 2015;(2):10-26. (In Russ.)
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