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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498339468
Category : Business & Economics
Languages : en
Pages : 64
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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: Internationaler Währungsfonds
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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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: Yao Ouyang
Publisher: Springer Nature
ISBN: 9813297441
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
This book offers a quantitative and qualitative look at the much-discussed BRICS—Brazil, Russia, India, China and South Africa—and explores how their economic ascent might cause global economic realignments in the 21st century. Providing a Chinese perspective on how the global realignment might impact strategic choices and a data-driven approach to the similarities and differences within the so-called BRICS group, this book will be of great interest to economists, international banking professionals, and political forecasters.
Author: Linggui Wang
Publisher: World Scientific
ISBN: 9811201013
Category : Political Science
Languages : en
Pages : 247
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Book Description
BRICS countries, namely Brazil, Russia, India, China and South Africa (known as bloc), have been working closely together for more than a decade in areas as politics, economics, culture and security. The bloc plays a crucial role in facilitating the growth of not only emerging markets and developing countries, but also the world economy as a whole. Just as importantly, it contributes significantly towards improving global governance and the welfare of those living in BRICS countries. Contributed by more than 20 experts from major think tanks in BRICS countries, the chapters in this book analyze how the BRICS countries have realized shared prosperity and achieved global prominence by cooperating with one another. In addition, the authors also look at challenges faced by the bloc, and possible solutions to those problems.
Author: Rajan Kumar
Publisher: Taylor & Francis
ISBN: 1000738760
Category : Political Science
Languages : en
Pages : 331
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Book Description
BRICS is conceivably the most formidable organisation to have emerged in the post-Cold War period in the non-Western world. This book highlights the significance of BRICS in a wider global context and foregrounds the long-pending demand for the reform of global governance institutions. The volume: • Traces how the organisation came into being and looks at the distinct norms and principles espoused by it • Discusses the glaring limitations of the existing institutions of global governance • Explores the economic growth and the rising political influence of BRICS states • Analyses the internal threats to the survival of the organisation and assesses its prospects in the foreseeable future. A significant intervention in situating BRICS as one of the major players in global governance, the book will be of great interest to students and scholars of international political economy, international business and finance, international relations, politics, and Global South Studies.
Author: Monica Das
Publisher: World Scientific
ISBN: 9814415936
Category : Business & Economics
Languages : en
Pages : 166
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Book Description
The recent interest in the development processes of BRIC countries (Brazil, Russia, India and China) has been triggered by their high growth performance, but their political and social backgrounds are entirely different. This book traces the economic history of BRIC countries to understand their economic and social institutions. The only common theme in this growth story is the high levels of income disparities and poverty that are observed even during the high growth decades. In order to understand the interaction between economic growth, income inequality and poverty, the book develops a theoretical framework that incorporates a mechanism of uniform income transfers in a growth model, where economic growth is the result of accumulation. Income transfer mechanism operates in all countries in the form of a progressive taxation system, pension funds, government's anti-poverty programs, employment guarantee schemes, land reforms, etc. It is not necessarily true that such income transfers would invariably reduce growth rates. The relationship between economic growth and income inequality depends on certain initial conditions. For instance, if the initial distribution of income is fairly unequal, growth induces greater equality. On the other hand, at high levels of per capita incomes, growth may raise inequality if the initial level of inequality is not very high. This brings a new dimension in the “inverted-U hypothesis.” Based on econometric modeling of growth-inequality nexus, the book examines the patterns of growth and economic disparities in BRIC countries over long periods of time, including the recent high growth phase. Two inequality measures applied in this study are Gini Coefficient and Theil's entropy measures, depending on data availability. Attempts have been made to identify the sources of inequality and the role of initial conditions in determining the patterns of development. Each country's experience is unique, but the theoretical model goes a long way to explain their growth-inequality experience.
Author: Mario Scerri
Publisher: Taylor & Francis
ISBN: 1000084299
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
This series of books brings together results of an intensive research programme on aspects of the national systems of innovation in the five BRICS countries — Brazil, Russia, India, China and South Africa. It provides a comprehensive and comparative examination of the challenges and opportunities faced by these dynamic and emerging economies. In discussing the impact of innovation with respect to economic, geopolitical, socio-cultural, institutional and technological systems, it reveals the possibilities of new development paradigms for equitable and sustainable growth. This volume, first in the series, analyses the relationship between the state and the evolution of the national systems of innovation. Putting forward several valuable considerations and policy recommendations, it argues that the experiences and knowledge gathered here may deeply impact the way we conceive of the theory of innovation systems, and implement policies and strategies for their development. Original and detailed data together with expert analyses by contributing authors on wide-ranging issues will make this an invaluable resource for researchers and scholars in economics, development studies and political science, as well as for policy-makers and development practitioners interested in the BRICS countries.
Author:
Publisher: World Scientific
ISBN: 9811202222
Category : Political Science
Languages : en
Pages : 986
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Book Description
Over the past 20 years, social scientists, government officials, and investors have expressed mounting interest in the BRICS countries, which include Brazil, Russia, India, China and South Africa. These countries are widely viewed as both key actors in the global economy and important regional powers. The Political Economy of the BRICS Countries is a three-volume set that aims to address various crucial issues regarding these countries.Volume 1 analyzes whether economic growth in the BRICS countries has been broad-based and promoted equitable economic and social outcomes. The authors examine specific dimensions of growth in these five economies that constrain their ability to act effectively and cohesively in international affairs.Volume 2 considers how the BRICS have affected global economic governance and the international political economy.Volume 3 provides various approaches to economic informality in the BRICS. Moreover, the chapters deal with several connections between informality and important political, economic, and institutional phenomena such as economic globalization and international aid, economic development, political regimes, social capital, political networks and political participation, labor market rules, and social policy preferences.The BRICS countries have attracted rising attention over the past two decades. The volumes provide an in-depth analysis of various key issues regarding these countries and chart a course for future research.
Author: Funeka Y. April
Publisher: HSRC Press
ISBN: 9780796926371
Category : Africa
Languages : en
Pages : 0
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Book Description
The BRICS countries--Brazil, Russia, India, China, and South Africa--have become a strong engine of South-South cooperation, contributing to a significant shift in the global balance of power. They also, taken as a whole, constitute Africa's largest trading partner. The authors of this new collection consider the potential of BRICS-Africa cooperation for promoting sustainable African development. CONTENTS: Introduction--Y. April and M. Kanyane. GOVERNANCE IN THE POST-COVID-19 ERA. BRICS Governance and Ethics Architecture: Challenges and Prospects--M. Kanyane. China-Africa Cooperation in the Post-Pandemic Era: Challenges and Way Forward--H. Weping. THE RELEVANCE OF THE BRICS MULTI-DEVELOPMENT BANK FUNDING AND INFRASTRUCTURE DEVELOPMENT. The BRICS Development Bank: A Development Finance Model Conducive to the Strengthening of South-South Cooperation--R. Ridolfi. The BRICS, the New Development Bank, and African Development--I. Khambule. Strengthening the BRICS Financial Cooperation Mechanism: Promoting Pragmatic Development--L. Yijun. Analyzing the BRICS Development Bank Response to Covid-19--B. Kanyane and N. Ngqwala. The BRICS and Technology in Africa. The Future of Work in South Africa--K. Chetty. Financing Renewable Energy Technologies in BRICS--K. Pillay et al. Promoting Financial Technology Partnerships in the BRICS--K. Chetty et al. ADDRESSING ECONOMIC DEVELOPMENT DISPARITIES AND INEQUALITIES IN BRICS AND AFRICA. BRICS and Transformation of Africa's Infrastructure in the Covid-19 Era: Rhetoric and Reality--R.T. Lisinge. Lessons in Sustainable Development for South Africa from the Affordable Housing Policy of the BRICS Countries--J. Jose et al. Women Entrepreneurs in the BRICS Informal Economy: A Transformative Agenda Amidst the Covid-19 Pandemic--O.E. Okeke-Uzodike. BRICS: Finding and Funding the Nexus Between Peace, Security, and Development--B. Siwisa. African Low-Income Countries' Leapfrogging Development and the Role of the BRICS Countries: A Case Study of Ethiopia and Rwanda--A. Ping and Z. Weiyun. BRICS AND THE HEALTH INDUSTRY IN AFRICA. An Innovation-Sharing Platform for Vaccine Research in BRICS--K. Chetty and C. Hongoro. Assessing Covid-19 and Telemedicine Collaboration on Energy and Internet Communications Technology: Implications for Health in Africa--Y. April and L. Mengdi. China-Africa Health Cooperation and Its Implications for the Covid-19 Pandemic--Z. Liu. Resilience of Health Systems to Disease Outbreaks: Covid-19-- A Comparative Analysis of South Africa and the Other BRICS Countries Using the Global Health Security Index--C. Hongoro et al. Conclusion: The Way Forward for BRICS and Development in Africa--K. Chetty and Y.D. Davids.
Author: P. B. Anand
Publisher: Oxford University Press, USA
ISBN: 0198827539
Category : Business & Economics
Languages : en
Pages : 1180
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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.
