IMPACT OF THE BRICS ON THE RUSSIAN ECONOMY AND TRADE
Journal: Journal of Advance Research in Business Management and Accounting (ISSN 2456-3544)
Year: 2024

This study explores the influence of the BRICS nations on the Russian economy, with a specific focus on trade dynamics and their impact on Russia's Gross Domestic Product (GDP) growth. Through a comprehensive analysis spanning from 2011 to 2022, this study delves into the volume of trade between Russia and each BRICS country, assessing the stability, trends, and sectoral composition of these trade relationships. The study utilizes regression analysis to evaluate the correlation between Russia's