Economic Modernization of BRICS Countries the Background of the Formation of a New Geopolitical Reality
Economic Modernization of BRICS Countries the Background of the Formation of a New Geopolitical Reality
Author(s): Oleg Yurievich PatlasovSubject(s): Economy, Supranational / Global Economy, Business Economy / Management
Published by: Reprograph
Keywords: competitiveness of the countries; sustainable development; technical re-equipment; Global Creativity Index;
Summary/Abstract: Classifications of the economy upgrade types are proposed. Results of the studies based on the innovation development of the countries of the world, on the knowledge economics index, ratings of the countries in terms of the global creativity index. Hypotheses in the framework of the modernization theory, systemic upgrade areas, priorities and prospects were laid down. A comparative analysis of the prospects for synchronizing the modernization of the economies of the BRICS countries was carried out.The success of the chosen modernization time is questioned, taking into account the cycles of economic development. The strategy of catching-up development with active borrowing and copying of advanced foreign technologies is estimated. The principles and contours of the reference model of modernization are described.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: XIII/2018
- Issue No: 56
- Page Range: 385-393
- Page Count: 9
- Language: English