The Impacts of Financial Markets of BRICS Countries on their Foreign Trade
Order Description
ABSTRACT: The purpose of this study is to analyze how much the financial markets of
BRICS countries contribute to their foreign trade. In this regard, emphasis
will be made on the BRICS countries owing to their active roles in the
global economy and their macro size.
Attempt is made to focus on an appropriate bunch of data for the research
goals in the study. Analysis is conducted based on secondary data
accompanied by tables in order for the main idea to be understood better.
The analysis addresses the impact and role of the financial markets of
these countries on foreign trade. Detailed analysis of current financial
markets of BRICS countries is made and the direction of the trend for the
last five years is inquired. This period covers the years 2010-2014.
Understanding the trend for external trade and its relationship with
financial markets by way of using other data is addressed.
This study focuses on identifying on what scale the financial markets
constitute a subject of foreign trade as an economic unit for the BRICS
countries. In other words, it is understood that utilization of financial
markets is in the status of “trade of shares and stakes” on the scale of
global investor’s portfolio. In a general sense, however, it is concluded
that financial markets make positive contribution to the foreign trade of
BRICS countries. Moreover, this study also addresses opinions with regard
to the role which both of these economic phenomena play in BRICS countries.