TITLE

IS THE POTENTIAL RISE OF THE BRICS A THREAT FOR THE EUROPEAN UNION?

AUTHOR(S)
Ungureanu, IonuĊ£ Mihai
PUB. DATE
November 2013
SOURCE
International Conference on Economics & Administration Proceedin;Nov2013, p119
SOURCE TYPE
Conference Proceeding
DOC. TYPE
Article
ABSTRACT
This paper presents the relationship of the European Union (EU) with the emergent global actors, so-called the BRIC countries (Brazil, Russia, India and China). More than a decade, the European Union has not given enough attention to the rise of the emergent countries, therefore nowadays the new leading powers take into consideration if the EU is an attractive economic partner for them. An important problem that affects the EU is that the BRIC countries all belong to the G-20 group, representing the 20 most important economies worldwide. Due to this fact the paper raises challenging questions: is the potential rise of the BRICs a threat for the EU? Is the EU still attractive for the BRICs? Do the BRIC countries play an increasingly important role at the WTO?
ACCESSION #
91879592

 

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