Foreign Direct Investments in BRICS Countries

In: Mirovaja ėkonomika i meždunarodnye otnošenija: MĖMO, Heft 2, S. 26-35

Abstract

The analysis of Brazil's, Russia's, India's, China's and RSA's opportunities allows to speak about the further development of BRICS potential in the near future due to increase of the FDI flows both within BRICS and in its relations with third countries. China which to date selectively takes foreign investments giving special priority to their qualitative characteristics will remain the most long-term country. Russia continues to be one of global leaders in the field of resource development and a country with plenty of unrealized opportunities in the industrial sector. By today, there is still much tension around the issue of new growth drivers and investment climate improvement. Given the decrease in the investment attractiveness of the Western Europe which led the way as a FDI recipient in the past, in 2011 Russia's indexes doubled as compared to 2005. As far as the Russian economy development prospects are viewed as advantageous in the whole, everything will depend on the state policy coherence, where it's worth to study the BRICS partners' experiences.