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Regular version of the site

BRICS: Prospects and Opportunities

How can cooperation among BRICS countries be built in the modern era? What can contribute to the economic growth of China and Russia? These were the key issues of the Summer School on ‘Economics and Business in BRICS: Perspectives for Russia and China’ that took place in Saint Petersburg in August 2016.

The high economic dynamics of such countries as Brazil, Russia, India, China and South Africa greatly affects the growth of the world economy as a whole. The structure of global production, foreign direct investment and the potential of the global consumer market depend on coordination between politics and cooperation among BRICS members. The largest members of BRICS – Russia and China – play an important role in this process.

The Summer School on ‘Economics and Business in BRICS: Perspectives for Russia and China’ that was held in August in Saint Petersburg provided students with the opportunity to learn about BRICS countries’ economic growth, the basics of international business in China, Russian financial system, and important aspects of international communications and negotiations.

The programme of the summer school included presentations by international experts, who not only provided the participants with a theoretical background but also analysed some practical cases. Professor Zhang Jun, Dean of the School of Economics at Fudan University, Director of the China Center for Economic Studies, delivered a series of lectures as part of the school. 

Fudan University is one of the most prestigious and oldest universities in China. Professor Zhang Jun has collaborated with such renowned institutions as the London School of Economics, the School of Oriental and African studies at the University of London, Harvard, Yale University, Aarhus University and Tokyo Metropolitan University.

Sergey Kolesnichenko, MMK’s General Representative in China, and one of the experts at the summer school, spoke on the Chinese market and methods of establishing and developing cooperation with enterprises in China. He delivered a series of lectures with Thomas A. Whelan, specialist in strategic and business risk planning, who has also worked as Interim CFO APAC/VP Finance China at KION Group AG.

Elena Rogova, Dean of the St.Petersburg School of Economics and Management, Tatiana Grishchenko, Associate Professor at the St.Petersburg School of Economics and Management, and  Alexander Lisovsky, HSE Visiting Lecturer, also took part in the school.

International students from Italy, China, Morocco, Russia and the Czech Republic participated in the event. Some of the students came from HSE St. Petersburg partner universities.

The school participants presented their projects intended to find new ways for stabilizing the development of Russian and Chinese economies as well as prospects for cooperation among BRICS countries.

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