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The Third Eshelon of World Capitalism: Trends in the 21st Century (on the Example of BRICS Countries)

Student: Zhainak Bek

Supervisor: Rustem M. Nureev

Faculty: Faculty of World Economy and International Affairs

Educational Programme: World Economy (Master)

Year of Graduation: 2018

The question of the possibility of joining the BRICS countries in the number of economically developed countries has recently become very relevant in the light of a slowdown in the rates of economic development of these countries. Being for nearly a decade the drivers of global economic growth, BRICS currently faces a lot of accumulated problems connected with the imperfection of its own models of economies, and experts are increasingly asking whether the BRICS countries have become a "middle income trap" and whether the renewal of the former growth of economies of these countries and stable stable development of these countries. The current problems of the development of the BRICS countries are analyzed, possible ways of their exit from the "middle income trap" are analyzed, prospects for further economic development of BRICS are analyzed.

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