The group of states BRIC and its economic cooperation with Africa

Growing global importance of group of states BRIC has serious impact on current world economy. Economic cooperation with African states has become one of priorities of BRIC's group, what is seen on its higher interest of African continent. BRIC group presents alternative of traditional "north-south" cooperation by its new form of attitude. Goal of this diploma thesis is comprehensively identify form of new "south-south" economic cooperation of BRIC group with African continent using trade and investment analysis of economic cooperation of particular states of group BRIC and synthesis of main trends for BRIC as a group. Thesis supported growing importance of BRIC group on African continent at the expense of traditional partners of Africa by comparison of new and traditional partners' different attitudes. Application of international trade theory on cooperation of BRIC with Africa defined possible impact on economic development of African states