Glas, Alexander; Hübler, Michael; Nunnenkamp, Peter - 2015
through which major emerging economies (BRICs, i.e., Brazil, Russian Federation, India and China) could catch up with advanced …We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels … depends on the BRICs’ local capacity to absorb superior technologies and on domestic investment. …