The international economic crisis which began in 2007 has limited developed countries' growth rates and manifested debt crises in certain economies in the Eurozone. It is the aim of this article to analyze the role that the BRIC group of nations has played in international financial institutions...

The world economic system is now integrated, in the increased cross-border flows of goods and capital and in the sustained activity of institutions like the UNCTAD, World Trade Organization and other regional organization. In such a world, domestic political and economic dynamics have global...