Structural Changes and Industrialization: A Study of Brics Nations

Examining Industrialization and its Impact on Poverty Reduction in BRICS Nations

Abstract

This paper gives a comparative overview of the BRICS nations (Brazil, Russia, India, China and South Africa) with basic change since the 1980s. We assess the diverse results in industrialization in these nations, investigate the purposes behind progress (and disappointment) we additionally ask what as of now mechanically slacking nations can gain from the BRICS in such manner, and what affect their industrialization had on neediness decrease. We call attention to those critical zones for future research and flow challenges remain. Preeminent in this is the requirement for BRICS to drive their further basic financial change through advancement, thinking about their phase of improvement and the particulars of the areas included. As they create, enterprise and the part of the private area appear to end up more essential.