External Vulnerability and Financial Fragility in BRICS Countries: Non-Conventional Indicators for a Comparative Analysis
Bibliographic record
Abstract
This article aims to discuss the possible use of other indicators of external vulnerability in addition to traditional ones, showing indications of financial fragility in the international insertion of the economies of emerging countries, specifically the so-called BRICS. The analysis presented for the BRICS (Brazil, Russia, India, China and South Africa) was limited to identifying foreign currency flows, leading to an analysis that can lead to conclusions regarding the greater or lesser degree of exposure of these economies to fluctuation in financing flows. In principle, if the accumulation of reserves is originated using third-party resources, in addition to representing a cost (particularly for countries with much higher domestic than foreign interest rates), their ability to maintain that liquidity inventory is not equal for all BRICS countries. As seen under this aspect, China and Russia seem to have greater autonomy in managing their reserves than the BIS (Brazil, India, and South Africa) countries.
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.002 | 0.005 |
| Meta-epidemiology (narrow) | 0.001 | 0.000 |
| Meta-epidemiology (broad) | 0.001 | 0.001 |
| Bibliometrics | 0.012 | 0.022 |
| Science and technology studies | 0.000 | 0.001 |
| Scholarly communication | 0.002 | 0.003 |
| Open science | 0.000 | 0.001 |
| Research integrity | 0.001 | 0.001 |
| Insufficient payload (model declined to judge) | 0.002 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".