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The aim of this paper is to find out the main determinants of the bilateral trade between the BRICS countries. The BRICS countries are fast growing, emerging markets, relatively recently known as a group that counts for more than a third of the world’s land and more than 40% of the world’s population. The augmented gravity model was used because is the model that explains most of the international bilateral trade and a panel approach was chosen to address the heteroskedasticity issues. The linear regression using ...

The aim of this paper is to assess the impact of the demographics on the economic development on the BRICS countries during 2009-2021. The BRICS countries as Brazil, Russia, India, China and South Africa are known starting 2009 (and 2010 for South Africa respectively), they are fast growing economies, emerging markets in the second stage of demographic transition and highly heterogeneous countries in most social economic features. Due to the fact they are counting for more than 40% of the global population, the de...