Abstract
This chapter reports economic activities after 2010, a timeline regarded as the aftermath of the 2008 global financial crisis, which was formally announced at the end of 2009 (Kehoe 2010; OECD 2010). Although some European countries were still in sovereign debt trouble after 2010 (Greece requested another bailout in early 2012 and Spain asked for external financial assistance in June 2012), we use 2010 as a cutoff point in order to be consistent with the reports of other country clusters in this booklet series. From the statistics introduced in Chap. 3, situations in the six BRICKS countries in 2010 show clear rebounds under the support of each individual economy’s stimulus efforts and the gradual revival of global demands.
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Lin, C.YY., Edvinsson, L., Chen, J., Beding, T. (2013). Beyond the 2008 Global Financial Crisis. In: National Intellectual Capital and the Financial Crisis in Brazil, Russia, India, China, Korea, and South Africa. SpringerBriefs in Economics, vol 18. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-6089-3_4
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DOI: https://doi.org/10.1007/978-1-4614-6089-3_4
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