Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2011
Keywords: Bilateral trade, Cross country analysis, Development financing, Economic growth, Foreign direct investment, Infrastructure, Low-income developing countries, Trade relations, Economic cooperation, Financial crises
The emergence of BRICs-Brazil, Russia, India, and China-is reshaping low-income countries' (LICs) international economic relations. While industrial countries remain LICs' dominant development partners, LIC-BRIC ti...