National economic systems of BRICS countries: Prospects of the forest complex

¹ Belgorod State University, 308015 Belgorod, Russia
² Voronezh State University of Forestry and Technologies named after G. F. Morozov, 394087 Voronezh, Russia

^* Corresponding author: lora_tretyakova@mail.ru

Abstract

The changing architecture of global geopolitical and economic cooperation is generating growing interest in new strategic alliances among the fastest growing economies in the world, particularly among the BRICS countries, whose significance in the global economic space is of great importance. The increasing level of institutionalization of this union of states objectively contributes to the formation of closer and more numerous economic and social ties. This also applies to interactions within the development of sectoral economy. The article examines transformative factors increasing the density of effective interaction within the development of industrial economy using the example of the forestry complex. Integration cooperation within interactions of national economic systems is possible only under the conditions of strategic directions of marketing interaction and logistic constructive protocols forming a sustainable framework for the development of all directions of economic interaction between sectoral blocks.