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1.[1-15]Study of BRIC countries in the Financial turnmoil
15 páginas
Publicado por
Decker Alexander
International Affairs and Global Strategy www.
iiste.
org
ISSN 2224-574X (Paper) ISSN 2224-8951 (Online)
Vol 1, 2011
1 | P a g e
www.
iiste.
org
Study of BRIC countries in the financial turmoil
Shashi Gupta
ITM University, Gurgaon Sector...
[Más]
International Affairs and Global Strategy www.
iiste.
org
ISSN 2224-574X (Paper) ISSN 2224-8951 (Online)
Vol 1, 2011
1 | P a g e
www.
iiste.
org
Study of BRIC countries in the financial turmoil
Shashi Gupta
ITM University, Gurgaon Sector 23A, PIN: 122017
Haryana, India
Email: shashigupta@itmindia.
edu, shashigupta085@gmail.
com
Abstract:
This paper analyzes the dynamic relationship among the emerging countries specially BRIC countries in
condition of financial turmoil.
The time span from the year 2008 till now seemed to be full of financial
tantrum – Sub Prime Crisis, US debt Crisis and European debt crisis.
This financial ups and down seemed
to have embraced BRIC countries as well.
In this paper I attempted to quantify the interrelationship
between these promising countries.
Popular Indices of BRIC countries have taken as the proxy of their
Stock market.
In this paper I have taken IBOV, RTS Index, S&P Nifty, SCI (Shanghai Composite index) as
the proxy for the stock market of BRIC
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