New “stars” of global economy: TICKS comes to replace BRICS
The paper discusses the reasons for the establishment of BRICS, and the role of the BRICS countries in the global economy today. Special attention is paid to the analysis of the factors, which caused the "destruction" of BRICS. The BRICS group is now being replaced by a new grouping of fas...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Centre of Sociological Research, Szczecin
2017-10-01
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| Series: | Journal of International Studies |
| Subjects: | |
| Online Access: | http://jois.eu/?353,en_new-%E2%80%9Cstars%E2%80%9D-of-global-economy-ticks-comes-to-replace-brics |
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| _version_ | 1850233956203495424 |
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| author | Iryna Chychkalo-Kondratska Nataliya Bezrukova Vitalii Svichkar |
| author_facet | Iryna Chychkalo-Kondratska Nataliya Bezrukova Vitalii Svichkar |
| author_sort | Iryna Chychkalo-Kondratska |
| collection | DOAJ |
| description | The paper discusses the reasons for the establishment of BRICS, and the role of the BRICS countries in the global economy today. Special attention is paid to the analysis of the factors, which caused the "destruction" of BRICS. The BRICS group is now being replaced by a new grouping of fast-growing economies – TICKS in which Russia and Brazil are replaced by Taiwan and South Korea. The authors analyzed the macroeconomic indicators of the TICKS countries and proposed a new structure of the grouping - Thailand, India, China, Korea, Singapore. These countries have fast-developing high-tech industries, increasing foreign investments and GDP, as it is proved here by the respective calculations of the authors. |
| format | Article |
| id | doaj-art-cc1a99c6a93b4730b175d58845f11b4c |
| institution | OA Journals |
| issn | 2071-8330 2306-3483 |
| language | English |
| publishDate | 2017-10-01 |
| publisher | Centre of Sociological Research, Szczecin |
| record_format | Article |
| series | Journal of International Studies |
| spelling | doaj-art-cc1a99c6a93b4730b175d58845f11b4c2025-08-20T02:02:47ZengCentre of Sociological Research, SzczecinJournal of International Studies2071-83302306-34832017-10-0110310.14254/2071-8330.2017/10-3/2New “stars” of global economy: TICKS comes to replace BRICSIryna Chychkalo-Kondratska0Nataliya Bezrukova1Vitalii Svichkar2Yuri Kondratyuk National Technical UniversityYuri Kondratyuk National Technical UniversityYuri Kondratyuk National Technical UniversityThe paper discusses the reasons for the establishment of BRICS, and the role of the BRICS countries in the global economy today. Special attention is paid to the analysis of the factors, which caused the "destruction" of BRICS. The BRICS group is now being replaced by a new grouping of fast-growing economies – TICKS in which Russia and Brazil are replaced by Taiwan and South Korea. The authors analyzed the macroeconomic indicators of the TICKS countries and proposed a new structure of the grouping - Thailand, India, China, Korea, Singapore. These countries have fast-developing high-tech industries, increasing foreign investments and GDP, as it is proved here by the respective calculations of the authors.http://jois.eu/?353,en_new-%E2%80%9Cstars%E2%80%9D-of-global-economy-ticks-comes-to-replace-bricsglobal economyBRICSTICKSemerging marketsforeign investments |
| spellingShingle | Iryna Chychkalo-Kondratska Nataliya Bezrukova Vitalii Svichkar New “stars” of global economy: TICKS comes to replace BRICS Journal of International Studies global economy BRICS TICKS emerging markets foreign investments |
| title | New “stars” of global economy: TICKS comes to replace BRICS |
| title_full | New “stars” of global economy: TICKS comes to replace BRICS |
| title_fullStr | New “stars” of global economy: TICKS comes to replace BRICS |
| title_full_unstemmed | New “stars” of global economy: TICKS comes to replace BRICS |
| title_short | New “stars” of global economy: TICKS comes to replace BRICS |
| title_sort | new stars of global economy ticks comes to replace brics |
| topic | global economy BRICS TICKS emerging markets foreign investments |
| url | http://jois.eu/?353,en_new-%E2%80%9Cstars%E2%80%9D-of-global-economy-ticks-comes-to-replace-brics |
| work_keys_str_mv | AT irynachychkalokondratska newstarsofglobaleconomytickscomestoreplacebrics AT nataliyabezrukova newstarsofglobaleconomytickscomestoreplacebrics AT vitaliisvichkar newstarsofglobaleconomytickscomestoreplacebrics |