This paper examines the bank lending channel, which considers how monetary authority actions affect the variation of loans. We focus on the BRICS (Brazil, Russia, India, China and South Africa) totalizing 1254 banks from five countries in the period 2000-2012 (totalizing 13 years). The empirical results show that the effect of money supply growth on the growth of loans is non-linear and inverte...

Editorials 388 Over the past few decades, the BRICS countries (Brazil, the Russian Federation , India, China and South Africa) have occupied a unique position in the world and in the international health community. Their growing economies have lifted hundreds of millions out of poverty. Marked improvements have also taken place in health outcomes, and substantial progress made towards achieving...

This paper investigated exchange rate and stock price volatility connectedness spillover in Brazil, Russia, India, China, South Africa (BRICS) during pandemic-induced crises. We first extracted using the Generalized Auto-Regressive Conditional Heteroskedasticity (GARCH) model. Then were by (Diebold Yilmaz, International Journal of Forecasting, 28(1), 57–66, 2012) method. find that return volati...

As the international trading system has developed with division of Global value Chains (GVCS), export trade Brazil, Russia, India, China, and South Africa (BRICS) grown rapidly. The resulting growth carbon emissions drawn wide attention from community, necessitating comparison benefits environmental costs BRICS participation in GVCS. Based on Eora database, this paper constructs a decomposition...

Beijing’s economic diplomacy has, since the dawn of millennium, sought to reconfigure world by championing a new order that is predicated on principles multipolarity and fairness. The last policy conference Chinese Communist Party (CCP) shed some light into how these ideals are be carried out Beijing they will bear her relationship with countries from Global South. This paper considers statemen...

We are currently witnessing a seminal shift in power between the world’s countries. Pascal Lamy, former head of the World Trade Organization (WTO), recently drew attention to the fact that, as Brazil, the Russian Federation, India, China and South Africa – the so-called BRICS group of countries – gain in economic and political influence, they will no longer remain policy takers but will shape t...

Central bank intervention plays a major role in managing exchange rate volatility. In comparison to advanced economies, emerging market economies are generally active the forex as excessive volatility of local currency persists. The BRICS countries (Brazil, Russia, India, China and South Africa) influencing international financial system. paper empirically investigates efficacy central case cou...

This research article explores the potential economic implications of Egypt's hypothetical membership in BRICS (Brazil, Russia, India, China, and South Africa) group. The study assesses opportunities, challenges, prospects that Egypt may encounter by joining this influential association major emerging economies. Through a comprehensive analysis, examines benefits enhanced cooperation, increased...

This article explores how the BRICS states (Brazil, Russia, India, China, and South Africa) frame issue of climate change. Based on constructivist insights, argues that formation collective identity has fundamentally shaped framing On one hand, BRICS? connections to developing world explain why given voice arguments countries with respect other policy concepts, ideas, discourse reflect attribut...