As the world transitions towards a low-carbon economy, understanding the employment implications of renewable energy growth is crucial, particularly in emerging economies like the BRICS nations, where energy demand and employment pressures are rapidly evolving. The justification for this study...

We propose a new measure of macroeconomic uncertainty that incorporates a rich information set from U.S. SPF density forecasts. Our measure has two key advantages over traditional measures: (i) it reflects the subjective perceptions of market participants; (ii) it is an ex ante measure that does...

The issue of Nonperforming loan is considered as a serious threat towards the banking soundness of a country. Nonperforming loans are those loans which cease to generate principle and interest and create a negative impact on the performance of banks. There are host of factors which effect...

The paper investigates whether the decline in environmental quality in BRIC economies is due to high energy consumption level which is a resultant of rapid economic growth. We answer this using environmental, macroeconomic and financial variables along with Kyoto Protocol indicators based on...

The paper investigates the linkage between economic and financial development and decline in environmental quality in BRIC economies for the period 1992 – 2004. As measure of robustness, we also introduce and examine behavior of results considering USA and Japan. We employ feasible general...

This paper aims to quantify the potential effects of the Transatlantic Trade and Investment Partnership (TTIP) being negotiated between the EU and the U.S. on the economies of Brazil, Russia, India, China and South Africa (BRICS). The BRICS is distinguished by its large, fast-growing economies...

In May 2016 the BRICS competition authorities signed a Memorandum of Understanding (MoU), which puts in place an Institutional Partnership between BRICS jurisdictions in the area of competition law through a general framework for multilateral cooperation. The paper takes stock of these recent...

The BRICs economies (Brazil, Russia, India and China) created a buzz with a strong run in the global expansion of the 2000s and the help of a little pumping up of their tires by Goldman Sachs analysts who projected these economies would surpass the advanced countries within a few decades. The...

One of the basic features of the recent international scenario is the increasing importance of a few emerging economies. In this paper we map the import tariffs imposed by each of the BRICS on the products from its neighboring countries, as well as the tariffs imposed on Brazilian products. We...