Home  Journals  Finance and Credit  35(371) - 2009 September

Crisis and the countries BRIC: results of january-february, 2009 in the mirror of statistics

Available online: 6 November 2009

Subject Heading: Financial crisis

JEL Classification: 

World financial crisis continues "to compress" real economy in the countries BRIC, the enterprises reduce workplaces or even are closed, number of unemployeds in these countries has come nearer to 150 million person. The peak of unemployment is not passed yet. Financial crisis has affected not in the best image rates of growth of economy of the countries BRIC. Decrease in consumption in USA and the Europe has led to overflow of their own markets (except for Russia), - in all countries BRIC in 2009 problems with inflation have become aggravated. The economic crisis provokes political instability.
     Charges of the population of the countries BRIC are obviously insufficient to compensate recession in the USA and the Europe and to keep rates of growth of economic even at a level of 0,3-0,5 % in a year. Their purchasing capacity is still much weaker in comparison with the rich countries - such, as the USA and Japan. The matter is that, despite of rough economic development of these countries in previous years, the population in them, substantially, still remains poor, that is reflected in structure and scales of the market of consumption. And by the given moment the situation has not improved. Layers with a high level of incomes have quickly enough settled a market capacity.

Keywords: national economy, the budget, the share market, the consumer market, rates of industrial production, unemployment

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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