What challenges to the world economy are posted by the BRIC economies?

How are the BRIC economies alike? How are they different? Why did economic reform in Russia and most Show more How are the BRIC economies alike? How are they different? Why did economic reform in Russia and most other transition economies lead to large declines in their GDP? why did Brazil begin its reforms? Chinese policies have created a great deal of controversy and discussion. For each of the following topics describe the issues raised by Chinas trading partners and evaluate their concerns.a. Chinas trade surplus b. Chinas exchange rate system ? What challenges to the world economy are posted by the BRIC economies? Show less

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