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Public Lecture: Emerging Markets (BRICs) Economic Development and Role of Banking and Financial System, Dr. Haroutioun Samuelian

Alex and Marie Manoogian Hall, PAB 40 Marshal Baghramyan Ave, Yerevan, Armenia

Countries like Brazil, Russia, India, and China (the BRICs) saw a 25 percent boost in growth during 2008-2010. As 2011 ended, these major emerging economies started showing signs of weakness. The global banking system is phasing in stronger regulatory standards. There is a risk that long-term interest rates could rise more sharply than currently anticipated. […]