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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...

4 months ago

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


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Megan J.

Degree: BSc Business (Bachelors) - Lancaster University

Subjects offered: Business Studies, Extended Project Qualification+ 2 more

Business Studies
Extended Project Qualification
Economics
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“Who am I? I am a BSc Business student at Lancaster University, where it is within the top 10 and the management school is triple accredited. I have always been interested in the way the world ticks from policies and thier impacts to ...”

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Matthew M.

Degree: MSci Computer Science (Masters) - Lancaster University

Subjects offered: Business Studies, Maths+ 3 more

Business Studies
Maths
Economics
Computing
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“About Matt: I'm Matt and I am a computer science student at Lancaster University. I have often been described as being friendly and hardworking by my friends, family and work colleagues. Prior to University I worked in the industry as...”

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Robyn C.

Degree: Business Management (Bachelors) - Cardiff University

Subjects offered: Business Studies, -Personal Statements-

Business Studies
-Personal Statements-

“Hi, my name is Robyn and I am a Business Management student at Cardiff University.  I am very patient and friendly and really enjoy teaching. I have been teaching Taekwondo since I was 15, so have a lot of experience teaching, with pe...”

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Jesus A.

Degree: Economics (Bachelors) - Bath University

Subjects offered: Business Studies, Spanish+ 3 more

Business Studies
Spanish
History
French
Chemistry

“About Me: I am an Economics student at the University of Bath. I have only recently moved to the UK, leaving behind the comfort of my home town Madrid, in the search for rain, fog and perhaps some wind. I ampassionate about what I d...”

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Who are the key players in the world economy?

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