The Influence of Brics and Formation of European Investments in Developing Countries

Table of Contents

1. Introduction 1

2. Problem statement 2

3. Literature Study Part A (BRICS) 2

3.1 History and formation of BRICS 2

3.2 How significant are the BRICS member states to the world economy 6

4. Literature Study Part B (European Multinationals) 10

4.1 The importance of European multi-national companies doing business with and investing in these countries in the next 15 years 10

4.2 The influence of the BRICS formation on European Business 12

5. Conclusion and Recommendations 13

6. References 14

Executive Summary

The purpose of this study is to establish the roles BRICS member states play in the global economy and to ascertain how stable the relationship between these emerging economies and the European businesses is.

Utilising available information from past researches made by economists and students in the globe has made it easy to understand and unpack each country’s current and potential role in the economy particularly the European economy. The goal is to critically analyse the importance of European multi-national companies investing in the BRICS countries and also give recommendations to European multi-nationals in their future trade with these emerging states.

1. Introduction

This assignment contains information on BRICS member states, the history and formation of the BRICS, how has the formation evolved since its inception, the roles played by the member states in the global world economy. Various literature from different sources has been utilised to apprehend the current situation the BRICS member states find themselves in and as well predictions of economists with regards to future contributions of these states to the world economy. Comprehensive information has been obtained highlighting each member states contribution and potential in the world economy respectively.

The BRICS countries have been known to have received much support from foreign multinationals, the study focuses specifically on European...