Abstract:Today the world economic power is shifting from the West to the East. Some emerging economies are pulling the economic activities in the world more than ever. These countries are sometimes referred as E7, or 7 emerging economies. They are Brazil, China, India, Indonesia, Mexico, The Russian Federation and Turkey in alphabetical order. This paper analyzes the sources of the economic growth in these countries. In the model the exogeneous factors relating to economic growth are selected as exports and FDI. The en… Show more
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