Theoretical and Applied Economics (Mar 2019)
The competition between traditional power centers and emerging powers
Abstract
The power implications in the world economy are subject of many debates between specialists. In a multipolar world, power is shared between traditional power centers such as Group of Seven and emerging powers as BRICS countries. This research wants to offer an image about the power shared between the G7 and BRICS countries. For this approach, there are used different indicators from various power dimensions.