MYTHS AND REALITY. POSITION OF NAFTA, EU, BRICS IN THE WORLD ENERGY: RETROSPECTIVE ANALYSIS

The paper is aimed at describing the change in the positions in the world energy by means of comparative analysis of the data in dynamics over a number of years in terms of reserves, production and consumption of basic energy resources, and in terms of electricity generation by the BRICS, EU and NAFTA. The analysis shows the importance of the BRICS countries in the world energy, which characterizes the energy security of these states. It is revealed that the BRICS aggregate data on various indicators of the development in the energy sector and the volumes of industrial production exceeds the data of the EU and the NAFTA. It is noted that the position of BRICS in the world economy continues to grow. The publication was prepared with the support of the ''RUDN University'' Program 5-100''.

Publisher
EKONOM
Language
English
Pages
874-887
Status
Published
Year
2017
Organizations
  • 1 RUDN Univ, Peoples Friendship Univ Russia, Econ Fac, Miklukho Maklaya St 6, Moscow 117198, Russia
  • 2 RUDN Univ, Peoples Friendship Univ Russia, Inst Space Technpl, Miklukho Maklaya St 6, Moscow 117198, Russia
Keywords
BRICS; NAFTA; EU; energy; high-tech production
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