article Open Access
Formation of BRICS and EU’s sanction on Russia yields greater bilateral trade between India and Russia: A structural break analysis
International Journal of Foreign Trade and International Business · 2020 · Vol. 2(2) · pp. 18–23
Mayengbam Lalit Singh✉(Central University of Karnataka)
Abstract
Developing countries at present have diatribe against hegemonic policies of the West. Among them BRICS countries are the strongest group challenging economic policies which are biased towards developed countries. This led to greater export/import momentum among these countries. The present paper examines the impact of formation of BRICS and ongoing rift between Russia and EU on Indo-Russian bilateral trade.
Global trade and economicsGlobal Trade and CompetitivenessIndian Economic and Social DevelopmentHegemonyInternational tradeInternational economicsBilateral tradeEconomicsPolitical scienceChina
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