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Issue 5(1), October 2010 -- Paper Abstracts

Girard  (p. 9-22)

Cooper (p. 23-32)

Kunz-Osborne (p. 33-41)

Coulmas-Law (p.42-46)

Stasio (p. 47-56)

Albert-Valette-Florence (p.57-63)

Zhang-Rauch (p. 64-70)

Alam-Yasin (p. 71-78)

Mattare-Monahan-Shah (p. 79-94)

Nonis-Hudson-Hunt (p. 95-106)

JOURNAL OF APPLIED BUSINESS AND ECONOMICS

The Impact of the “BRIC Thesis” and the Rise of Emerging Economies on Global

Competitive Advantage: Will There Be a Shift from West to East?

Author(s): Richard T. Mpoyi

Citation: Richard T. Mpoyi, (2012) "The Impact of the “BRIC Thesis” and the Rise of Emerging Economies on Global

Competitive Advantage: Will There Be a Shift from West to East?," Vol. 13, Iss. 3, pp. 36 - 47

Article Type: Research paper

Publisher: North American Business Press

Abstract:

The paper examines the thesis that by mid-21st century BRIC economies of Brazil, Russia, India and

China (the “East”) would be wealthier than today’s seven largest developed economies of the G7 (the

“West”). After analyzing the thesis, the study proposes the following. First, economic power is likely to

shift from West to East because the combined GDP of the BRICs would be larger than that of the G7.

Second, competitive advantage is less likely to shift from West to East, as after reaching G7’s income

levels, BRIC economies would simply at best become as competitive as G7 economies.