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IAMO Forum 2011: Will the "BRICs Decade" Continue? – Prospects for Trade and Growth >

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dc.contributor.authorBorodin, Konstantinen_US
dc.contributor.authorStrokov, Antonen_US
dc.description.abstractThe paper investigates interrelations between the dynamics of national central banks' interest rates and international trade within the BRIC countries. It shows that countries with lower interest rates experience growth of the share of machinery industry exports rather than agriculture and food products, and, on the contrary, in countries with higher interest rates the share of agriculture and food exports increases and the share of machinery industry products declines. The investigation has shown that a relative shift in the interest rate can affect the specialization of countries.en_US
dc.publisherLeibniz-Institut für Agrarentwicklung in Mittel- und Osteuropa (IAMO) Halle (Saale)en_US
dc.relation.ispartofseriesIAMO Forum 2011 18en_US
dc.subject.keywordCentral banks' interest rateen_US
dc.titleCentral banks' interest rate and international trade in BRIC countries: Agriculture vs machinery industry?en_US
dc.typeConference Paperen_US
Appears in Collections:IAMO Forum 2011: Will the "BRICs Decade" Continue? – Prospects for Trade and Growth

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