This volume focuses on the analysis and measurement of business cycles in Brazil, Russia, India, China and South Africa (BRICS). Divided into five parts, it begins with an overview of the main concepts and problems involved in monitoring and forecasting business cycles. Then it highlights the role of BRICS in the global economy and explores the interrelatedness of business cycles within BRICS. In turn, part two provides studies on the historical development of business cycles in the individual BRICS countries and describes the driving forces behind those cycles. Parts three and four present national business tendency surveys and composite cyclical indices for real-time monitoring and forecasting of various BRICS economies, while the final part discusses how the lessons learned in the BRICS countries can be used for the analysis of business cycles and their socio-political consequences in other emerging countries.
1. Introduction. Part I. The Global Economy and BRICS.- 2. BRICS in the Global Economy.- 3. Institutions, Productivity Change and Growth.- 4. The Connectedness of Business Cycles between the BRICS.- Part II. History and Driving Forces of Economic Cycles in BRICS.- 5.Economic Cycles in Brazil.- 6. Economic Fluctuations and Their Drivers in Russia.- 7. Business Cycle Measurement in India.- 8. Economic Cycles and Crises in New China.- 9. Chinas Economic Cycles: Characteristics and Determinant Factors.- 10. A Brief History of Business Cycle Measurement in South Africa.- Part III. Business Tendency Surveys (BTSs) in BRICS.- 11. International Tradition of Tendency Surveys.- 12. Economic Tendency Surveys in Brazil: Main Features and Uses.- 13. Russian Business Tendency Surveys by HSE and Rosstat.- 14. Business Tendency Surveys in India.- 15. Business Tendency Surveys in China.- 16. South Africa: The BERs Business Tendency Surveys.- Part IV. Composite Cyclical Indicators for Real-Time Monitoring and Forecasting the BRICS Economies.lc*
![Business Cycles in BRICS [Hardcover]](/itemImage/2/2/1/8/2_1390825.jpg "Business Cycles in BRICS [Hardcover] xxx")