Non-financial stimulus for business in brics markets

Abstract

The growth of economies with emerging markets is nowadays very important. Among others, a special role belongs to the BRICS, which are characterized by continuous development. The main force for such fast development is SME. In the study the main methods of non-financial business incentives in the BRICS countries were analyzed, then it was check if these methods are effective and, finally, the possibility of applying the experience of partner countries in the economic environment of Russia was explained.