Investing in BRICS countries could boost economic growth and transform lives
The article explores how different economic factors impact the growth of BRICS countries. By analyzing data from 1990 to 2018, the researchers found that factors like foreign direct investment, capital formation, and government spending play a significant role in the GDP growth of Brazil, Russia, China, India, and South Africa. This information can help policymakers make informed decisions to support economic growth in these countries.