Would the Bric Economies be Integrated or Assembled?

Abstract

The objective of this work was to analyze the level of economic integration between the BRIC economies. From the WIOD input-output tables, a BRIC matrix was built which, using the hypothetical extraction method in Input-Output, made it possible to assess the impacts that each group economy generates on the others and the rest of the world. As a result, it was observed at first that the BRIC group had a greater degree of economic integration, but that this integration later lost strength due to the increase in the relationship of these countries with economies outside the group.