graduate student
UDC 339
The article is devoted to the aspects of the implementation of political measures to form the investment policy of the BRICS countries. In this regard, "green" growth, which ensures a balance between environmental and economic indicators, is becoming increasingly important. Based on this, this study analyzes the impact of foreign direct investment, financial development and financial globalization on "green" growth in the BRICS countries for the period from 1990 to 2024. To this end, we studied the impact of these factors on "green" growth using new scientific methods, as a result we found that the inflow of foreign direct investment has a positive effect on the formation of economic factors and the development of inter-municipal, environmental and international practices and interactions. The prerequisites and trends in the formation and strengthening of investment development factors are presented and analyzed. Terminological interpretations and regulatory and legal levers for strengthening the investment climate are considered. As a result, a generalization of the presented methods and indicators of investment assessment of the level of international development of the BRICS countries is carried out.
economy, investment climate level, sustainable economic development, BRICS countries
1. Adarov A. Finansovye cikly po vsemu miru // Mezhdunarodnyy zhurnal Finansy i ekonomika. 2022. - № 11. - S.112-163.
2. Bag T. Ustoychivost' ESG: izuchenie nelineynogo vliyaniya pokazateley ESG na ustoychivyy rost kompaniy // Issledovaniya v oblasti mezhdunarodnogo biznesa i finansov. - 2024.
3. Shoaib Ali, Nassar S. Al-Nassar, Muhammad Naveed Uncovering static and dynamic relationships between digital assets and BRICS equity markets // Global Finance Journal, Volume 60, 2024.
4. Steblyanskaya A.N., Wang Zh., Kleiner G.B., Bragina Z.V., Denisov A.R. Financial Sustainable Growth System 2030 Evidence from Russian and Chinese Gas Companies. Finance: Theory and Practice. 2019.
5. Xianfang Su, Meixia Chen Financial connectedness in BRICS: Quantile effects and BRICS SUMMIT impacts // The North American Journal of Economics and Finance, Volume 72.- 2024.
