Download or read book New Growth Drivers for Low Income Countries The Role of the BRICs written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-12-01 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book New Growth Drivers for Low Income Countries written by Internationaler Währungsfonds and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Growth and Transformation of Emerging Powers written by Yao Ouyang and published by Springer Nature. This book was released on 2019-11-08 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Coordination Of Brics Development Strategies Towards Shared Prosperity written by Linggui Wang and published by World Scientific. This book was released on 2019-10-03 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Locating BRICS in the Global Order written by Rajan Kumar and published by Taylor & Francis. This book was released on 2022-10-14 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Economic Growth And Income Disparity In Bric Theory And Empirical Evidence written by Monica Das and published by World Scientific. This book was released on 2013-09-23 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Role of the State written by Mario Scerri and published by Taylor & Francis. This book was released on 2020-11-29 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Political Economy Of The Brics Countries The In 3 Volumes written by and published by World Scientific. This book was released on 2020-03-03 with total page 986 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The BRICS in Africa written by Funeka Y. April and published by HSRC Press. This book was released on 2023-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Handbook of BRICS and Emerging Economies written by P. B. Anand and published by Oxford University Press, USA. This book was released on 2021-01-16 with total page 1180 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The BRICS and Coexistence written by Cedric de Coning and published by Routledge. This book was released on 2014-09-15 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The grouping consisting of Brazil, Russia, India and China (BRIC) was initially meant to be nothing more than clever investment jargon referring to the largest and most attractive emerging economies. However, these countries identified with the BRIC concept, and started to meet annually as a group in 2008. At their fourth summit in 2011, they added South Africa to become the BRICS. By then the BRICS had fully morphed from investment jargon to a name for a new economic and political grouping that had the potential to challenge the unipolar hegemony of the United States and its Western allies. This work analyses the extent to which the concept of coexistence explains the individual foreign policies of the BRICS countries. The editors define coexistence as a strategy that promotes the establishment of a rule-based system for co-managing the global order. It recognizes that different states may legitimately pursue their own political and economic interests, but they have to do so within the bounds of a rule-based international system that ensures the peaceful coexistence of states. The BRICS and Coexistence addresses the political dimension of the emergence and influence of the BRICS in the international system and will be of interest to students and scholars of Politics, Development and International Relations.
Download or read book BRICS and Development Alternatives written by José Eduardo Cassiolato and published by Anthem Press. This book was released on 2011 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: The BRICS countries (Brazil, Russia, India, China and South Africa) are currently at the crossroads of major structural economic and political changes. This book provides a comparative analysis of the national innovation systems of the five BRICS countries (Brazil, Russia, India, China and South Africa) and the trends in each of their science, technology and innovation policies. It makes use of an analytical framework, the concept 'systems of innovation and competence building' developed within 'Globelics' (the Global Research Network on the Economics of Learning, Innovation and Capacity Building Systems).
Download or read book Inequality and Development Challenges written by Maria Clara Couto Soares and published by Taylor & Francis. This book was released on 2018-10-24 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This series of books brings together results of an extensive research programme on aspects of the national systems of innovation (NSI) 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 analyses the co-evolution of inequality and NSI across the BRICS economies. It reveals the multi-dimensional character of inequality, in going beyond its income aspect to include assets, access to basic services, infrastructure, knowledge, race, gender, ethnicity and geographic location. In advancing valuable policy recommendations, the book argues that inequalities must be factored in development strategies given that benefits of innovation are not automatically distributed equally. Original and detailed data, together with expert analyses on wide-ranging issues, make this book an invaluable resource for researchers and scholars in economics, development studies and political science, in addition to policy-makers and development practitioners interested in the BRICS countries.
Download or read book Emerging Markets and the Future of the BRIC Nations written by Kelly Aceto and published by Edward Elgar Publishing. This book was released on 2015-10-30 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2008, it appeared that the BRIC nations’ economies would continue to provide growth opportunities for businesses of all kinds. After a decade of unprecedented growth, however, Brazil, Russia, India, and China have unexpectedly slowed. In this innovative book, expert contributors diagnose and examine the factors that might be responsible for the changing trends in the BRIC and other emerging market economies and that may determine the future course of these economies and their prospects for sustained growth. This volume offers valuable insights into a wide range of issues pertaining to emerging economies that demand the attention of researchers and practitioners. In particular, contributors explore topics such as the importance of innovation, internationalization trends of emerging market firms, sustainability and social issues, market liberalization and entrepreneurship, consumer behavior and customer relations. Rigorous scholarly research, including empirical work, and perspectives from emerging markets make this an essential resource for doctoral students, business academics and executives, and politicians and policy makers involved in developing nations and their economies.
Download or read book Structural Change and Industrial Development in the BRICS written by Wim A. Naudé and published by Oxford University Press, USA. This book was released on 2015 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the role of structural change in the economic development of Brazil, Russia, India, China and South Africa (BRICS) with a consideration for the role of industry, and in particular manufacturing.
Download or read book The BRICS in International Development written by Jing Gu and published by Springer. This book was released on 2016-09-29 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive comparative perspective on the increasingly significant development cooperation activities of the BRICS. Providing a powerful set of insights into the drivers for engagement within each country, it brings together leading experts from Brazil, Russia, India, China, South Africa and OECD countries. The authors review the empirical evidence for the BRICS’ modes of development cooperation and their geographical reach, and explore the historical background and patterns of international development engagement of each country. They also present a cutting-edge analysis of the broader geopolitical shifts, distinctive ideologies and normative discourses that are influencing and informing their engagement in increasingly ambitious joint projects such as the New Development Bank. This collection is essential reading for anyone seeking to understand the rapidly changing landscape of international development.
Download or read book International Development Assistance and the BRICS written by Jose A. Puppim de Oliveira and published by Springer Nature. This book was released on 2019-10-05 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to bring together a series of analyses on international development assistance in the BRICS, the group of countries that includes Brazil, Russia, India, China and South Africa. The BRICS states comprise approximately 3 billion people (~40% of the World’s population) and in terms of GDP account for 16.8 trillion dollars (~22% of the World’s economy). Over the last decade the loose coalition has evolved to become a formal partnership on both economic and political fronts. The first formal meeting of the then-four BRIC countries took place in 2006 during the United Nations General Assembly. This was followed in 2009 by the first summit of BRICS' heads of state, an event which has been convened annually ever since. On 3-5 September 2017, the ninth BRICS Summit was hosted in Xiamen, China. This book, an anthology of scholars based in BRICS countries, provides invaluable insights into the emerging global south coalition, and will be of interest to scholars, employees of NGOs, and China watchers.
