European Project Management Journal (Dec 2017)
Emerging Economies Development: BRICS vs East European Countries
Abstract
The aim of the paper is an overview of the emerging economies’ development: BRICS and selected East European countries. BRICS countries and some East European Countries have achieved rapid economic growth, investments and stock market performances. An overview of economic development is given in both groups of countries by analysing the selected economic indicators. Strengths and weaknesses, as well as variations of development, are shown from the perspectives of both groups of countries. Also, the paper gives a brief overview of the role of emerging economies in Serbian economic development. BRICS countries have faced certain political and economic problems that influenced a slowdown in economic growth and development, while the observed East European countries have obtained higher economic growth rate.
