The Chaotic Productivity Growth Model: BRICS
The Chaotic Productivity Growth Model: BRICS

Author(s): Vesna Jablanović
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Productivity; BRICS; Stability
Summary/Abstract: The BRICS countries are a group of five emerging markets and developing countries - Brazil, Russia, India, China and South Africa. Six new member countries (Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, United Arab Emirates) will officially join the group in January 2024. The main aim of this paper is to analyze the productivity growth stability in the BRICS countries in the period 1991-2022. This paper confirms the existence of stable productivity growth in the observed countries in the observed period.

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