Economy. Firstly, it aims to deepen our understanding of the emergence of the BRICs in the world economy. To this end, a … macroeconomic analysis is carried out with the aim of making clear the changes the BRICs have brought to the world economy. Secondly …, an analysis is made of the extent to which the global economic crisis has enhanced the role of the BRICs in the world …

1. Historical context: First Globalization, British Empire, effects on the colonies, Industrial revolution in Britain …, Deindustrialization in Bengal, slave trade -- 2. New Globalization starts with the abolition of the Soviet Union in 1991. WTO in 1995 … globalization from the Greek and Roman Empires onwards, the contemporary challenges posed by globalization is analysed in relation …