Structural change, catching up and falling behind in the BRICS: A comparative analysis based on trade patterns and Thirlwall’s law by Andre Nassif, Carmem Aparecida Feijo and Eliane Araújo pubhised by PSL Quarterly Review (12/2016).”…Our study showed, however, that, considering the economic performance observed so far, not all BRICS economies have fulfilled that expectation.”
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