In order to promote agricultural production and trade cooperation among BRICS countries,and ensure the security and stability of the oils and oilseeds industrial and supply chains in China and the world,the production...In order to promote agricultural production and trade cooperation among BRICS countries,and ensure the security and stability of the oils and oilseeds industrial and supply chains in China and the world,the production,consumption,trade trend,and cooperation potential of oils and oilseeds in BRICS countries were expounded,and relevant policy recommendations were put forward.Most of the BRICS countries are major agricultural producers,and they are also important agricultural product consumption markets in the world.In 2023/2024,the production and consumption of oilseeds in BRICS countries account for nearly half of the world's total;the production of vegetable oils exceeds a quarter of the world's total,and the consumption of vegetable oils accounts for 40%of the world's total.In 2023/2024,the import and export volume of oilseeds exceeds half of the world's total;vegetable oil imports account for 40%of the world's total,and exports account for about one tenth of the world's total.China's imports of oilseeds and oils from BRICS countries account for 68%and 29%of its global imports in 2023,respectively.BRICS countries are rich in agricultural land resources,have great potential for oils and oilseeds production,obvious complementary advantages in trade structure,and huge space for future cooperation.It is suggested that Brazil should be included in the"Belt and Road"co-construction category to promote the continuous deepening of agricultural cooperation between China and Brazil.It is suggested to explore regional agricultural trade agreements among BRICS countries,promote currency settlement and exchange among BRICS countries,and enhance the facilitation and stability of BRICS trade.It is suggested that China should increase its investment in BRICS countries and export advanced technology and management experience to benefit local agricultural development and achieve a mutually beneficial and win-win situation.展开更多
International tourism is highly dependent on air travel,which enhances destination countries’economic growth and living standards while causing environmental degradation.This study investigates the effect of air trav...International tourism is highly dependent on air travel,which enhances destination countries’economic growth and living standards while causing environmental degradation.This study investigates the effect of air travel on environmental degradation in BRICS nations.The study used feasible generalized least squares(FGLS)to evaluate the environmental Kuznets curve using data spanning 1995 to 2018.The study finds evidence of N-shaped EKC in the economies of the BRICS nations.We also find a positive relationship between tourism,urbanization,and environmental degradation(as measured by CO_(2) and SO_(2) emissions from civil aviation)and a negative relationship between economic development and environmental degradation.To achieve sustainable growth and environmental protection and promote green technology,the BRICS governments should devise policies that address the aviation industry’s short-and long-term needs.展开更多
In an era of economic and financialglobalization, finance plays an increasingly vital role in thedriver of economy and society. International financialcooperation promotes national economic development andmakes countr...In an era of economic and financialglobalization, finance plays an increasingly vital role in thedriver of economy and society. International financialcooperation promotes national economic development andmakes countries engage in global economic cooperation andgovernance. Because of falling commodity prices, weakdemand for manufactured goods, volatility in developedmarkets and a tightened quantitative easing policy in the U.S., emerging countries are in a precarious financial state astrade decreases and growth slows. All countries now have topose the common challenge of stabilizing financial markets,regaining global growth momentum and improvinginternational financial and economic governance. Expandingfinancial cooperation may be a way to address these issues.This paper analyzes the significance of financial cooperationto facilitate the common development of BRICS nations. Itexamines the background, the characteristics, the maincontents and the challenges faced by the cooperative modeland the way forward as well. The goal is elaborate onexisting research while providing policy references for allemerging economies to guide them in the process of buildingfinancial partnerships.展开更多
With the advancement of economic globalization and regional economic integration, the BRICS countries – Brazil, Russia, India, China and South Africa – by means of the BRICS countries cooperation mechanism, demonstr...With the advancement of economic globalization and regional economic integration, the BRICS countries – Brazil, Russia, India, China and South Africa – by means of the BRICS countries cooperation mechanism, demonstrate a new platform of cooperation, dialogue and the shared aspirations of emerging market countries. The BRICS have created a new model of international economic cooperation which has made significant contributions to the global economic recovery. This article discusses the reality of the BRICS countries' economic cooperation, analyzes their obstacles and deficiencies and puts forward relevant countermeasures and suggestions to further improve their international economic cooperation in perspertive of law and economy.展开更多
Amid the current evolving global political and economic landscape, the digital economy has achieved a positive momentum in BRICS countries. Emerging technologies ranging from big data, cloud computing, and the Interne...Amid the current evolving global political and economic landscape, the digital economy has achieved a positive momentum in BRICS countries. Emerging technologies ranging from big data, cloud computing, and the Internet of Things to artificial intelligence(AI) have maintained a dynamic development. New phenomena such as “new retail” and “new manufacturing” are persistently changing people's daily lives and gradually influencing human values and notions in social governance. BRICS countries have accelerated the innovation and development of the digital economy by constantly improving relevant cooperation mechanisms. “Digital BRICS” has already become an important force to promote world economic growth and enhance the reform of the global economic governance system. The development of the digital economy per se has unique characteristics. Thus, BRICS countries are faced with practical challenges in deepening cooperation. Particularly, they must reconsider the national security risks created by the transnational diffusion of technologies and the implications for the international order stemming from the excessive expansion of the power of digital giants. BRICS countries can continue to bridge differences and divergences among each other by strengthening functional cooperation in joint efforts to create greater room for shared digital benefits and open up a new future for the digital economy characterized by harmony, cooperation, and coexistence.展开更多
A country’s ability to create complex goods and diversify its lines of products is essential for addressing all types of vulnerabilities.Quantifying a country’s vulnerability to extreme climatic events,such as droug...A country’s ability to create complex goods and diversify its lines of products is essential for addressing all types of vulnerabilities.Quantifying a country’s vulnerability to extreme climatic events,such as droughts,superstorms,and other natural disasters,and its capacity for successful adaption,is an essential global need that has been ignored.This study examines the role of economic fitness(EF)in addressing climate change risk ex‐posure in BRICS countries in the context of the environmental Kuznets curve using panel data from 1995 to 2015.Panel threshold methodology is employed to ascertain the nonlinear relationship between EF and climate change risk exposure(i.e.,Notre Dame Global Adaptation Initiative Country Index(ND-GAIN)).In addition,empirical associations were estimated using panel-corrected standard errors,Driscoll-Kraay standard errors,and feasible generalized least squares estimation techniques.These findings demonstrated an inverted N shaped link between EF and ND-GAIN.Moreover,even after controlling for significant ND-GAIN influencing variables such as gross domestic product per capita,financial development,and urbanization,our robustness checks revealed significant and consistent findings.展开更多
As one of the largest alliances of middle-income countries,the BRICS,known as an acronym for five countries including“Brazil,Russia,India,China,and South Africa”,represents half of the global population.The health c...As one of the largest alliances of middle-income countries,the BRICS,known as an acronym for five countries including“Brazil,Russia,India,China,and South Africa”,represents half of the global population.The health cooperation among BRICS countries will benefit their populations and other middle-and low-income countries.This study aims to summarize the current status of health cooperation in BRICS countries and identify opportunities to strengthen BRICS participation in global health governance.A literature review was conducted to analyze the status,progress,and challenges of BRICS’health cooperation.Content analysis was used to review the 2011-2021 annual joint declarations of the BRICS Health Ministers Meetings.The priority health areas were identified through segmental frequency analysis.Our research suggested that communicable diseases,access to medicine,and universal health coverage appeared most frequently in the content of declarations,indicating the possible top health priorities among BRICS’health collaboration.These priority areas align with the primary health challenges of each country,including the threats of double burden of diseases,as well as the need for improving health systems and access to medicines.Respective external cooperation,inter-BRICS health cooperation,and unified external cooperation are the main forms of health cooperation among BRICS countries.However,challenges such as the lack of a unified image and precise position,lack of practical impact,and weak discourse power have impeded the impact of BRICS on health governance.This study suggests that the BRICS countries should recognize their positioning,improve their unified image,and establish cooperative entities;at the same time,they should increase their practical strength,promote non-governmental cooperation,and expand the cooperation space through the“BRICS Plus”mechanism with countries with similar interests to join.展开更多
The BRICS （Brazil, Russia, India, China and South Africa） and other emerging economies have become a driving global force for the past twenty years. However, their growth patterns are obsolete, impeding the quality ...The BRICS （Brazil, Russia, India, China and South Africa） and other emerging economies have become a driving global force for the past twenty years. However, their growth patterns are obsolete, impeding the quality and competitiveness of their economic growth, while simultaneously threatening the sustainability of their economic convergence with developed nations. Transforming the domestic growth pattern-the solution to the middle-income trap-has therefore become a key priority for each of these economies. This paper presents a comparative analysis of how to transform the pattern of economic growth in BRICS and achieve sustainable economic convergence with a comparative analysis of the pattern of economic growth and problems among BRICS countries.展开更多
This study aims to fill the gap in the literature by specifically investigating the impact of country risk on the credit risk of the banking sectors operating in Brazil,Russia,India,China,and South Africa(BRICS),emerg...This study aims to fill the gap in the literature by specifically investigating the impact of country risk on the credit risk of the banking sectors operating in Brazil,Russia,India,China,and South Africa(BRICS),emerging countries.More specifically,we explore whether the country-specific risks,namely financial,economic,and political risks significantly impact the BRICS banking sectors’non-performing loans and also probe which risk has the most outstanding effect on credit risk.To do so,we perform panel data analysis using the quantile estimation approach covering the period 2004–2020.The empirical results reveal that the country risk significantly leads to increasing the banking sector’s credit risk and this effect is prominent in the banking sector of countries with a higher degree of non-performing loans(Q.25=−0.105,Q.50=−0.131,Q.75=−0.153,Q.95=−0.175).Furthermore,the results underscore that an emerging country’s political,economic,and financial instabilities are strongly associated with increasing the banking sector’s credit risk and a rise in political risk in particular has the most positive prominent impact on the banking sector of countries with a higher degree of non-performing loans(Q.25=−0.122,Q.50=−0.141,Q.75=−0.163,Q.95=−0.172).Moreover,the results suggest that,in addition to the banking sectorspecific determinants,credit risk is significantly impacted by the financial market development,lending interest rate,and global risk.The results are robust and have significant policy suggestions for many policymakers,bank executives,researchers,and analysts.展开更多
As representatives of emerging economies,BRICS countries are increasingly prominent in global governance.The rapid economic development of BRICS countries is accompanied by a significant increase in greenhouse gas(GHG...As representatives of emerging economies,BRICS countries are increasingly prominent in global governance.The rapid economic development of BRICS countries is accompanied by a significant increase in greenhouse gas(GHG)emissions,and BRICS countries are paying increasing attention to climate change issues and actively participating in the construction of the international climate regime.The Paris Agreement was a historic breakthrough in international climate negotiations,and since then BRICS countries have strengthened multilateral and bilateral cooperation in energy efficiency,agricultural emission reduction and climate governance financing.Due to the constraints of technology,cooperation mechanism construction,financing,and other objective conditions,BRICS countries still face some challenges to further advance the global climate governance agenda with their group power in the short term.Whether BRICS countries can further advance the global climate governance agenda as a group in the post-Paris Agreement era depends on whether they can improve energy efficiency and optimize their energy mix,and whether they can deepen cooperation in agricultural emission reduction and climate finance.BRICS countries need to continue to promote clean energy development and low-carbon economic transformation,deepen the potential of climate cooperation in agricultural emission reduction,and give full play to the climate financing role of the New Development Bank,so as to further enhance the level of climate cooperation.At the same time,BRICS countries can widely involve developing countries in climate governance cooperation and strengthen dialogue and exchanges with other countries,so as to promote global climate governance in the post-Paris Agreement era.展开更多
文摘In order to promote agricultural production and trade cooperation among BRICS countries,and ensure the security and stability of the oils and oilseeds industrial and supply chains in China and the world,the production,consumption,trade trend,and cooperation potential of oils and oilseeds in BRICS countries were expounded,and relevant policy recommendations were put forward.Most of the BRICS countries are major agricultural producers,and they are also important agricultural product consumption markets in the world.In 2023/2024,the production and consumption of oilseeds in BRICS countries account for nearly half of the world's total;the production of vegetable oils exceeds a quarter of the world's total,and the consumption of vegetable oils accounts for 40%of the world's total.In 2023/2024,the import and export volume of oilseeds exceeds half of the world's total;vegetable oil imports account for 40%of the world's total,and exports account for about one tenth of the world's total.China's imports of oilseeds and oils from BRICS countries account for 68%and 29%of its global imports in 2023,respectively.BRICS countries are rich in agricultural land resources,have great potential for oils and oilseeds production,obvious complementary advantages in trade structure,and huge space for future cooperation.It is suggested that Brazil should be included in the"Belt and Road"co-construction category to promote the continuous deepening of agricultural cooperation between China and Brazil.It is suggested to explore regional agricultural trade agreements among BRICS countries,promote currency settlement and exchange among BRICS countries,and enhance the facilitation and stability of BRICS trade.It is suggested that China should increase its investment in BRICS countries and export advanced technology and management experience to benefit local agricultural development and achieve a mutually beneficial and win-win situation.
文摘International tourism is highly dependent on air travel,which enhances destination countries’economic growth and living standards while causing environmental degradation.This study investigates the effect of air travel on environmental degradation in BRICS nations.The study used feasible generalized least squares(FGLS)to evaluate the environmental Kuznets curve using data spanning 1995 to 2018.The study finds evidence of N-shaped EKC in the economies of the BRICS nations.We also find a positive relationship between tourism,urbanization,and environmental degradation(as measured by CO_(2) and SO_(2) emissions from civil aviation)and a negative relationship between economic development and environmental degradation.To achieve sustainable growth and environmental protection and promote green technology,the BRICS governments should devise policies that address the aviation industry’s short-and long-term needs.
文摘In an era of economic and financialglobalization, finance plays an increasingly vital role in thedriver of economy and society. International financialcooperation promotes national economic development andmakes countries engage in global economic cooperation andgovernance. Because of falling commodity prices, weakdemand for manufactured goods, volatility in developedmarkets and a tightened quantitative easing policy in the U.S., emerging countries are in a precarious financial state astrade decreases and growth slows. All countries now have topose the common challenge of stabilizing financial markets,regaining global growth momentum and improvinginternational financial and economic governance. Expandingfinancial cooperation may be a way to address these issues.This paper analyzes the significance of financial cooperationto facilitate the common development of BRICS nations. Itexamines the background, the characteristics, the maincontents and the challenges faced by the cooperative modeland the way forward as well. The goal is elaborate onexisting research while providing policy references for allemerging economies to guide them in the process of buildingfinancial partnerships.
基金sponsored by National Social Science Fund of China(2016BFX109)Central Fund of High Education,The Legal Development of International Construction under Silk Road,3102017JC19003
文摘With the advancement of economic globalization and regional economic integration, the BRICS countries – Brazil, Russia, India, China and South Africa – by means of the BRICS countries cooperation mechanism, demonstrate a new platform of cooperation, dialogue and the shared aspirations of emerging market countries. The BRICS have created a new model of international economic cooperation which has made significant contributions to the global economic recovery. This article discusses the reality of the BRICS countries' economic cooperation, analyzes their obstacles and deficiencies and puts forward relevant countermeasures and suggestions to further improve their international economic cooperation in perspertive of law and economy.
基金a special project supported by the National Social Science Fund of China for strategic research on the Belt and Road Initiative (BRI) titled “Report on Countries along the Belt and Road” (Grant No. 17VDL002)。
文摘Amid the current evolving global political and economic landscape, the digital economy has achieved a positive momentum in BRICS countries. Emerging technologies ranging from big data, cloud computing, and the Internet of Things to artificial intelligence(AI) have maintained a dynamic development. New phenomena such as “new retail” and “new manufacturing” are persistently changing people's daily lives and gradually influencing human values and notions in social governance. BRICS countries have accelerated the innovation and development of the digital economy by constantly improving relevant cooperation mechanisms. “Digital BRICS” has already become an important force to promote world economic growth and enhance the reform of the global economic governance system. The development of the digital economy per se has unique characteristics. Thus, BRICS countries are faced with practical challenges in deepening cooperation. Particularly, they must reconsider the national security risks created by the transnational diffusion of technologies and the implications for the international order stemming from the excessive expansion of the power of digital giants. BRICS countries can continue to bridge differences and divergences among each other by strengthening functional cooperation in joint efforts to create greater room for shared digital benefits and open up a new future for the digital economy characterized by harmony, cooperation, and coexistence.
文摘A country’s ability to create complex goods and diversify its lines of products is essential for addressing all types of vulnerabilities.Quantifying a country’s vulnerability to extreme climatic events,such as droughts,superstorms,and other natural disasters,and its capacity for successful adaption,is an essential global need that has been ignored.This study examines the role of economic fitness(EF)in addressing climate change risk ex‐posure in BRICS countries in the context of the environmental Kuznets curve using panel data from 1995 to 2015.Panel threshold methodology is employed to ascertain the nonlinear relationship between EF and climate change risk exposure(i.e.,Notre Dame Global Adaptation Initiative Country Index(ND-GAIN)).In addition,empirical associations were estimated using panel-corrected standard errors,Driscoll-Kraay standard errors,and feasible generalized least squares estimation techniques.These findings demonstrated an inverted N shaped link between EF and ND-GAIN.Moreover,even after controlling for significant ND-GAIN influencing variables such as gross domestic product per capita,financial development,and urbanization,our robustness checks revealed significant and consistent findings.
文摘As one of the largest alliances of middle-income countries,the BRICS,known as an acronym for five countries including“Brazil,Russia,India,China,and South Africa”,represents half of the global population.The health cooperation among BRICS countries will benefit their populations and other middle-and low-income countries.This study aims to summarize the current status of health cooperation in BRICS countries and identify opportunities to strengthen BRICS participation in global health governance.A literature review was conducted to analyze the status,progress,and challenges of BRICS’health cooperation.Content analysis was used to review the 2011-2021 annual joint declarations of the BRICS Health Ministers Meetings.The priority health areas were identified through segmental frequency analysis.Our research suggested that communicable diseases,access to medicine,and universal health coverage appeared most frequently in the content of declarations,indicating the possible top health priorities among BRICS’health collaboration.These priority areas align with the primary health challenges of each country,including the threats of double burden of diseases,as well as the need for improving health systems and access to medicines.Respective external cooperation,inter-BRICS health cooperation,and unified external cooperation are the main forms of health cooperation among BRICS countries.However,challenges such as the lack of a unified image and precise position,lack of practical impact,and weak discourse power have impeded the impact of BRICS on health governance.This study suggests that the BRICS countries should recognize their positioning,improve their unified image,and establish cooperative entities;at the same time,they should increase their practical strength,promote non-governmental cooperation,and expand the cooperation space through the“BRICS Plus”mechanism with countries with similar interests to join.
基金Interim results for the state social science foundation key project ＂Raising Macro Regulation Level and Maintain Fast and Steady Economic Growth＂ （approve No. 09＆ZD017） and ＂Funding Program for Academic Human Resources Development in Institutions of Higher Learning Under the Jurisdiction of Beijing Municipality＂ （approve No. 00491162340 142）.
文摘The BRICS （Brazil, Russia, India, China and South Africa） and other emerging economies have become a driving global force for the past twenty years. However, their growth patterns are obsolete, impeding the quality and competitiveness of their economic growth, while simultaneously threatening the sustainability of their economic convergence with developed nations. Transforming the domestic growth pattern-the solution to the middle-income trap-has therefore become a key priority for each of these economies. This paper presents a comparative analysis of how to transform the pattern of economic growth in BRICS and achieve sustainable economic convergence with a comparative analysis of the pattern of economic growth and problems among BRICS countries.
文摘This study aims to fill the gap in the literature by specifically investigating the impact of country risk on the credit risk of the banking sectors operating in Brazil,Russia,India,China,and South Africa(BRICS),emerging countries.More specifically,we explore whether the country-specific risks,namely financial,economic,and political risks significantly impact the BRICS banking sectors’non-performing loans and also probe which risk has the most outstanding effect on credit risk.To do so,we perform panel data analysis using the quantile estimation approach covering the period 2004–2020.The empirical results reveal that the country risk significantly leads to increasing the banking sector’s credit risk and this effect is prominent in the banking sector of countries with a higher degree of non-performing loans(Q.25=−0.105,Q.50=−0.131,Q.75=−0.153,Q.95=−0.175).Furthermore,the results underscore that an emerging country’s political,economic,and financial instabilities are strongly associated with increasing the banking sector’s credit risk and a rise in political risk in particular has the most positive prominent impact on the banking sector of countries with a higher degree of non-performing loans(Q.25=−0.122,Q.50=−0.141,Q.75=−0.163,Q.95=−0.172).Moreover,the results suggest that,in addition to the banking sectorspecific determinants,credit risk is significantly impacted by the financial market development,lending interest rate,and global risk.The results are robust and have significant policy suggestions for many policymakers,bank executives,researchers,and analysts.
文摘As representatives of emerging economies,BRICS countries are increasingly prominent in global governance.The rapid economic development of BRICS countries is accompanied by a significant increase in greenhouse gas(GHG)emissions,and BRICS countries are paying increasing attention to climate change issues and actively participating in the construction of the international climate regime.The Paris Agreement was a historic breakthrough in international climate negotiations,and since then BRICS countries have strengthened multilateral and bilateral cooperation in energy efficiency,agricultural emission reduction and climate governance financing.Due to the constraints of technology,cooperation mechanism construction,financing,and other objective conditions,BRICS countries still face some challenges to further advance the global climate governance agenda with their group power in the short term.Whether BRICS countries can further advance the global climate governance agenda as a group in the post-Paris Agreement era depends on whether they can improve energy efficiency and optimize their energy mix,and whether they can deepen cooperation in agricultural emission reduction and climate finance.BRICS countries need to continue to promote clean energy development and low-carbon economic transformation,deepen the potential of climate cooperation in agricultural emission reduction,and give full play to the climate financing role of the New Development Bank,so as to further enhance the level of climate cooperation.At the same time,BRICS countries can widely involve developing countries in climate governance cooperation and strengthen dialogue and exchanges with other countries,so as to promote global climate governance in the post-Paris Agreement era.
