The institutional development and performance of the Group 20 (G20), BRICS group Brazil, Russia, India, China South Africa, Shanghai Cooperation Organisation (SCO) have shaped twenty-first-century global governance. Each these plurilateral summit institutions (PSIs) has different founding visions, missions, memberships, participants, institutionalisation patterns priorities. However, potential ...

With the use of empirical data, this paper focuses on solving financial and investment issues involving extremal dependence 10 pairwise combinations 5 BRICS (Brazil, Russia, India, China, South Africa) stock markets. Daily closing equity indices from January 2010 to 6 August 2018 are used in study. Unlike previous literature, we bivariate point process conditional multivariate extreme value mod...

The key features of the modern Internet governance system are its decentralized structure, inhomogeneous internal “geography,” and diverse nature decision-making actors. These factors determine complexity process on governance-related issues. Under these conditions, BRICS group Brazil, Russia, India, China, South Africa is viewed as a suitable platform to establish common ground align interests...

The emerging economies of Brazil, Russia, India, China and South Africa (BRICS) have significant influence on the global economic environmental trajectories. They carbon intensive systems, which contribute significantly to total greenhouse gas (GHG) emissions, leading climate change. However, BRICS joined race net-zero emissions by 2050 in quest for a neutral sustainable economy. journey, howev...

In the current international context in which pandemic has dealt a severe blow, several questions arise relation to future of global governance (GG) and role that emerging countries such as BRICS (Brazil, Russia, India, China South Africa) will play it. First all, itself been shown have deficits radically affected. Furthermore, it is questionable what challenges face internally future, especial...

Abstract Tourism has become the world’s third-largest export industry after fuels and chemicals, ahead of food automotive products. From last few years, there been a great surge in international tourism, culminates to 7% share World’s total exports 2016. To this end, study attempts examine relationship between inbound financial development economic growth by using panel data over period 1995–20...

Abstract China and Russia have been progressively deepening their partnership in global governance to achieve common goals. However, do other states share policy positions? Existing scholarship addresses the dyadic affinity among major powers growing importance of rising power groups, but it does not examine how positions align with those United States its rivals: Russia. To investigate these p...

The main thesis of this book is that, given that South African education faces major challenges, the BRICS (Brazil, Russia, India, China and Africa) constellation states offers — thus far overlooked a valuable tertium comparationis, source international comparative perspectives, to inform domestic scholarly discourse on education. This first investigates national contexts development in countri...

I n the last decade, emerging markets have become a significant feature of the world economy. The allure of vast new markets for growth along with fresh opportunities for low cost offshoring have goaded droves of global corporations to invest in emerging markets. In 2012, global corporations invested more in emerging markets than in the core economies of the United States, Europe, and Japan (Ra...

This paper investigates how exchange rates and oil prices have affected sectoral stock returns in the BRICS-T countries over period from 2 January 2001 to 22 March 2021. Following estimation of a benchmark linear model, Bai Perron (2003) tests are carried out each case identify structural breaks, then state-space model with time-varying parameters is also estimated. The analysis shows that sign...