Network Structure of BRICS Trade and Decentralization of Global Economic Relations: A Graph-Theoretic and Econometric Approach
Анотація
This study analyzes the transformation of the global economic system toward regionalization and decentralized economic networks.Using graph theory and econometric modeling, the paper examines the structure of BRICS trade within the global trade network.The results indicate that BRICS operates as a polycentric cluster with increasing connectivity.The research also evaluates the potential of blockchain-based settlement systems to reduce transaction costs and improve the efficiency of international trade payments.
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