Economic Networks in the Capital Markets of the BRICS: Insights through Graph Theory
DOI:
https://doi.org/10.4067/S0718-88702026000100003Keywords:
Risk and Return Disparities, Market Integration, BRICS, Graph Theory, Emerging EconomiesAbstract
In the dynamic global economic landscape, the BRICS nations, along with emerging countries like Egypt, Saudi Arabia, and the UAE, are reshaping commercial and financial integration. This study focuses on their unique economic alliance, highlighting the expansion of their diverse economies. It utilizes graph theory to examine the harmonization of risk and return profiles across various financial markets, indicating a move towards a more unified global economy. While integration brings challenges such as exposure to global financial volatility, strategic macroeconomic policymaking is crucial. This analysis underscores the significant influence of these economies on global economic trends, emphasizing the need for ongoing dialogue for their integration into the global financial system. The research highlights the importance of sophisticated analysis by policymakers, investors, and analysts in navigating this complex economic landscape.
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