The Level of Globalization within The BRIC Countries

This paper emphasizes the idea, according to which the world has entered within a contrariwise trend, defined by means of a hostile climate and simultaneously with the beginning of signals, as well as the effects of the new world-wide crisis. The economic growth in countries included within the BRIC group has started to suffer, and the defining factors that have had a significant impact were those generated by the economic crisis, and especially on reducing the absorption ability of the external markets. The countries have started to take measurements and implement the structural reforms on short and mean terms, in order to eliminate the effects of the current crisis. This paper proves that countries as Brasilia, Russia, India and China have been essential players of the last decade and they will continue in this rhythm, especially China, which will become the new world-wide economic leader.