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Who are the key players in the world economy?

Traditional economic powers like France, USA or the UK are becoming less and less dominant in an evermore competitive internatinal economic arena.

The BRIC countries (Brazil, Russia, India and China), play a much more important role in what is produced and consumed on a daily basis and will hence shape the future of the global business environment. 

With rising incomes, and growing populations, not only will every sector of the economy, from commodities to luxury goods, be affected. Everything, from supply to the environmental conditions will be altered by these new competitors, and previous key players will have to modify their approaches to trade if they are to remain important and to suceed.

Jesus A. A Level French tutor, GCSE French tutor, A Level Business St...

1 year ago

Answered by Jesus, an A Level Business Studies tutor with MyTutor


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Grace B.

Degree: BSc Management with Marketing (Bachelors) - Bath University

Subjects offered:Business Studies, Extended Project Qualification+ 4 more

Business Studies
Extended Project Qualification
English Literature
English Language
Economics
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James W.

Degree: Management (Masters) - St. Andrews University

Subjects offered:Business Studies, History+ 3 more

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History
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Drama
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“I'm patient, kind and bubbly and look forward to hearing from you so that we get working on boosting your grades and helping you realise your potential.”

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Helen M.

Degree: Medicine (Bachelors) - Queen's, Belfast University

Subjects offered:Business Studies, Maths+ 6 more

Business Studies
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Biology
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.LNAT.
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“Durham law graduate and current first year medical student with four years tutoring experience.”

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Jesus A.

Degree: Economics (Bachelors) - Bath University

Subjects offered:Business Studies, Spanish+ 2 more

Business Studies
Spanish
French
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“I am an Economics student at the University of Bath, originally from Madrid. I am very passionate about tutoring and have been doing so for the last two years.”

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Who are the key players in the world economy?

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