New Growth Drivers for Low-Income Countries - The Role of the BRICs PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download New Growth Drivers for Low-Income Countries - The Role of the BRICs PDF full book. Access full book title New Growth Drivers for Low-Income Countries - The Role of the BRICs by International Monetary Fund. Download full books in PDF and EPUB format.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498339468
Category : Business & Economics
Languages : en
Pages : 64
Get Book Here
Book Description
The emergence of BRICs—Brazil, Russia, India, and China—is reshaping low-income countries’ (LICs) international economic relations. While industrial countries remain LICs’ dominant development partners, LIC-BRIC ties have increased so rapidly over the past decade that BRICs have become new growth drivers for LICs. Trade with BRICs is already close to half of the value of combined trade with the European Union and the United States, and larger than with other emerging market economies. BRIC FDI and development financing are making a significant impact in some key areas despite their relatively small volumes compared with those from advanced countries. Beyond the increased flows of goods and capital, BRICs have brought new dynamics in LICs’ economic relations with the rest of the world, complementing as well as competing with OECD partners. Nevertheless, while potential benefits from the LIC-BRIC ties are enormous, there are challenges and risks in realizing such benefits.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498339468
Category : Business & Economics
Languages : en
Pages : 64
Get Book Here
Book Description
The emergence of BRICs—Brazil, Russia, India, and China—is reshaping low-income countries’ (LICs) international economic relations. While industrial countries remain LICs’ dominant development partners, LIC-BRIC ties have increased so rapidly over the past decade that BRICs have become new growth drivers for LICs. Trade with BRICs is already close to half of the value of combined trade with the European Union and the United States, and larger than with other emerging market economies. BRIC FDI and development financing are making a significant impact in some key areas despite their relatively small volumes compared with those from advanced countries. Beyond the increased flows of goods and capital, BRICs have brought new dynamics in LICs’ economic relations with the rest of the world, complementing as well as competing with OECD partners. Nevertheless, while potential benefits from the LIC-BRIC ties are enormous, there are challenges and risks in realizing such benefits.
Author: Issouf Samaké
Publisher: International Monetary Fund
ISBN: 1463924666
Category : Business & Economics
Languages : en
Pages : 37
Get Book Here
Book Description
Trade and financial ties between low-income countries (LICs) and Brazil, Russia, India, and China (BRICs) have expanded rapidly in recent years. This gives rise to the potential for growth to spill over from the latter to the former. We employ a global vector autoregression (GVAR) model to investigate the extent of business cycle transmission from BRICs to LICs through both direct (FDI, trade, productivity, exchange rates) and indirect (global commodity prices, demand, and interest rates) channels. The estimation results show that there are significant direct spillovers while indirect spillovers also matters in many cases. Based on these results, we show that growing LIC-BRIC ties have significantly helped alleviate the adverse impact of the recent global financial crisis on LIC economies.
Author: P. B. Anand
Publisher: Oxford University Press, USA
ISBN: 0198827539
Category : Business & Economics
Languages : en
Pages : 1180
Get Book Here
Book Description
This handbook presents a comprehensive and multi-faceted analysis of the BRICS countries and other emerging economies, exploring their economic, social, environmental, and governance dimensions and challenges.
Author: Yongzheng Yang
Publisher: International Monetary Fund
ISBN: 1484399048
Category : Business & Economics
Languages : en
Pages : 44
Get Book Here
Book Description
This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small island states, but greater political stability, catch-up effects from lower initial incomes, and slower population growth have helped offset some of these disadvantages. On balance, policy-related factors, together with geography-related disadvantages, have led to growth rates in PICs that are much lower than in other small states. We also examine how real exchange rate appreciation, unfavorable developments in the external trade environment, and rising international transport costs may have contributed to PICs’ slower growth over the past decade.
Author: Hany Gamil Besada
Publisher: University of Ottawa Press
ISBN: 0776623214
Category : Political Science
Languages : en
Pages : 409
Get Book Here
Book Description
With the rise of emerging powers, we face an important question: ls the changing global order transforming the nature of development cooperation? Promoting equitable broad-based growth in order to alleviate poverty, calls for a new understanding of the principles of development assistance, good governance, transparency, ownership, and accountability. In the ever-changing arena of global development governance, South-South Cooperation (SSC) entails diverse forms of cooperation among developing countries. This book presents novel approaches to further South≠South Cooperation (SSC) on a global scale. The evolving aid architecture and mounting development challenges demand an urgent and critical review of existing aid modalities, policy-making and forums for international cooperation. Published in English.
Author: World Bank
Publisher: World Bank Publications
ISBN: 082138693X
Category : Business & Economics
Languages : en
Pages : 185
Get Book Here
Book Description
The first report in the new Global Development Horizons series looks at the multipolar global economy that is emerging and its implications for development, addressing the associated structural changes in growth dynamics, corporate investment, and international monetary and trade arrangements.
Author: Sven Biscop
Publisher: Routledge
ISBN: 1317033108
Category : Political Science
Languages : en
Pages : 227
Get Book Here
Book Description
The emergence of new powers fundamentally questions the traditional views on international relations, multilateralism or security as a range of countries now competes for regional and global leadership - economically, politically, technologically and militarily. As the focus of international attention shifts from the Atlantic to the Pacific, the European states in particular are seen to lose influence relative to the emerging economic powerhouses of China, Russia, India and Brazil. European nations find themselves too small to engage meaningfully with these continent-sized powers and, in an increasingly multipolar world are concerned their influence can only continue to decline. This book analyses the shifts in the structure of global power and examines the threats and opportunities they bring to Europe. Leading European Contributors reflect on how the EU can utilise collective strength to engage and compete with rapidly developing nations. They examine perceptions of the EU among the emerging powers and the true meaning and nature of any strategic partnerships negotiated. Finally they explore the shape and structure of the international system in the 21st century and how the EU can contribute to and shape it.
Author: World Bank;International Monetary Fund
Publisher: World Bank Publications
ISBN: 1464806705
Category : Business & Economics
Languages : en
Pages : 307
Get Book Here
Book Description
The Global Monitoring Report 2015/2016, produced by the World Bank Group in partnership with the International Monetary Fund, comes at an inflection point in both the setting of global development goals and the demographic trends affecting those goals. This year marks the end of the Millennium Development Goals (MDGs) and the launching of the Sustainable Development Goals (SDGs), while the World Bank Group has in parallel articulated the twin goals of sustainably ending extreme poverty and sharing prosperity. This report presents the latest global poverty numbers, based on the 2011 purchasing power parity (PPP) data, and examines the pace of development progress through the lens of the evolving global development goals. The special theme of this year's report examines the complex interaction between demographic change and development. With the number of children approaching a global ceiling of two billion, the world's population is growing slower. It is also aging faster, with the share of people of working age starting a decline in 2013. But the direction and pace of these trends vary starkly across countries, with sizeable demographic disparities between centers of global poverty (marked by high fertility) and drivers of global growth (marked by rapid aging). These demographic disparities are expected to deeply affect the pursuit of the post-2015 agenda, accentuating existing challenges and creating new opportunities.
Author: Ruth Elizabeth Gordon
Publisher: Cambridge University Press
ISBN: 1108424171
Category : Law
Languages : en
Pages : 265
Get Book Here
Book Description
Considers the development of the Global South in the context of rapid twenty-first-century technological change.
Author: Henning Hansen
Publisher: Routledge
ISBN: 1135075034
Category : Business & Economics
Languages : en
Pages : 438
Get Book Here
Book Description
Food and food markets still enjoy a pivotal role in the world economy and the international food industry is moving towards greater consolidation and globalization, with increased vertical integration and changes to market structure. Companies grow bigger in order to obtain economies of scale and issues and such as food security, quality, obesity and health are ever important factors. This book describes the link between food markets and food companies from a theoretical and a business economics perspective. The relationships, trends and impacts on the international food market are presented, and the topic is related to actual business conditions. Each chapter is accompanied by questions and assignments designed to help students in their learning. .
