Download or read book The Rise of the BRICS in Africa Developmental or Self Interest written by Abdikadir Askar and published by GRIN Verlag. This book was released on 2018-06-07 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2018 in the subject Politics - Topic: Development Politics, grade: A, The University of York, course: MA (Conflict, Development and Governance), language: English, abstract: Based on the Africanist theory of International Relations, the paper examines how the rise of the BRICS countries, particularly China, reshaped the economic and geopolitical realities in Africa for the past two decades. Across infrastructure financing, trade, investment and aid, there is no other traditional Western Power with such colossal engagement in Africa than China. The Chinese companies invest enormously in all across Africa by bringing new technologies, creating jobs, developing skills for the local Africans and immensely contributing to the Africa state’s public revenue. The recent Africa-China economic relationship has threatened the dominance of the traditional ‘Great Powers' in the fields of economics and geopolitics. However, the paper will shed light on the challenges of the Sino/Africa relations from the African perspectives particularly how the Chinese workers and the ‘cheap' and ‘substandard’ products overflowing African domestic markets. Considering both sides of the coin, China's involvement in Africa is perceived positively by Africans, as such China is a significant partner who has generated multiple prospects for African development despite Africa’s development move is relatively sluggish.
Download or read book Africa Rising written by Ian Taylor and published by Boydell & Brewer Ltd. This book was released on 2014 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa is said to be rising, turning a definitive page in its history, heralding new and exciting possibilities for the continent. This discourse maintains that with upsurge in economic growth comes improved governance and endogenous dynamics; that the emerging economies, and especially the BRICS (Brazil, Russia, India, China, South Africa), have been instrumental in diversifying Africa's international relations, perhaps leading to a radical change in the global order, favourable to the developing world. But to what extent is this true, and how deep and how broad has been the impact on society at large? This book takes a critical look at the prevalent Africa Rising discourse, and explores the nature and implications of Africa's "rise" and the role that the BRICS have played in it. The author argues that Africa has still to undergo any structural transformation; that there is strong evidence that deindustrialisation and jobless growth have accompanied the upsurge of interest in the continent; and that far from making a radical turn in its developmental trajectory, Africa is being pushed into the resource corner as commodity exporters, to the North (and now, the BRICS) with little scope for industrial progress or skills advancement. Hope that the BRICS might offer an alternative to the extant neoliberal order are misplaced, for the BRICS have a stake in maintaining the current global unequality. Africa must therefore fashion its own independent path - while the emerging economies will be important, relying on external actors may simply reproduce anew the current state of underdevelopment. Ian Taylor is Professor in International Relations and African Politics, University of St Andrews; Chair Professor, Renmin, University of China; Professor Extraordinary, University of Stellenbosch, South Africa; Honorary Professor, Institute of African Studies, Zhejiang Normal University, China; and a Visiting Scholar at Mbarara University of Science and Technology, Uganda.
Download or read book The Rise of the BRICS in Africa written by Doctor Padraig Carmody and published by Zed Books Ltd.. This book was released on 2013-09-12 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: A little over a decade ago Africa was being spoken of in the media as the 'lost' or 'hopeless' continent. Now it has some of the fastest growing economies in the world, largely because of the impact of the BRICS: Brazil, Russia, India, China and South Africa. In this first book to be written about the BRICS as a collective phenomenon, Pádraig Carmody reveals how their engagements with Africa, both individually and collectively, are often contradictory, generating new inequalities and potential for development. Crucially, Carmody shows how the geopolitics of the BRICS countries' involvement in Africa is impacted by and impacts upon their international relations more generally, and how the emergence of these economies has begun to alter the very nature of globalization, which is no longer purely a Western-led project. This is a path-breaking examination of Africa's changing role in the world.
Download or read book The Rise of the BRICS in the Global Political Economy written by Vai Io Lo and published by Edward Elgar Publishing. This book was released on 2014 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil, Russia, India, and China are expected to become the four most influential economies and surpass the current richest economies by the middle of the 21st century. With the inclusion of South Africa in 2010, the BRICS spans across four continents, creating an abundance of geopolitical clout, in addition to its potential economic dominance. This book examines the economic developments of individual BRICS countries, the current politico-economic condition of the BRICS vis-à-vis non-BRICS countries or groups, and the potential of the BRICS to bring about changing paradigms in the global political economy.
Download or read book The BRICS and the Financing Mechanisms They Created written by Paulo Nogueira Batista Jr. and published by Anthem Press. This book was released on 2021-10-12 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides an assessment of BRICS cooperation, focusing on the new financing mechanisms created by the BRICS, the monetary fund and the development bank. It is shown that Brazil, Russia, India and China, joined later by South Africa, share common traits that led them to cooperate in the reform of the international financial architecture, especially the G20 and the IMF. After 2012, in light of the difficulty of having advanced countries agree to move from “tinkering at the margins” to fundamental reform of the Bretton Woods institutions, the BRICS decided to establish their own monetary fund, named the BRICS Contingent Reserve Arrangement (CRA), and their own development bank, named the New Development Bank (NDB). The book describes the difficult negotiations among the BRICS between 2012 and 2014. Some of these difficulties revealed the weaknesses that would lead the CRA and the NDB to make slow progress in the first years of their existence. The book provides an overview of the strong points and weaknesses of the initial phase of these financing mechanisms. It ends with a discussion of the future of the BRICS, highlighting that joint action by the five countries is likely to remain an important feature of the international landscape in the decades to come.
Download or read book The BRICS and Beyond written by Li Xing and published by Routledge. This book was released on 2016-03-16 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world is in an era of great transformations. Globalization, transnational capitalism, September 11, the 2008 global financial crises, and the emergence of the ’second world’ in general and the BRICS in particular are characterized by a diffusion of power away from the traditional North Western powers and towards the global South. Such great transformations have reshaped the terrain and parameters of social, economic and political relations both at the national and the global levels and have exerted pressure on the exiting international order in terms of both opportunities and constraints. This new era also urges the need for re-conceptualizing the changing world order especially with regard to one of the core conceptual categories and analytical apparatus in the studies of IR and IPE - hegemony. The world will witness a new era of interdependent hegemony, in which both the existing ’First World’ and the emerging ’Second World’ are intertwined in a constant process of shaping and reshaping the international order in the nexus of national interest, regional orientation, common economic and political agenda, political alliance and potential conflicts. This collection juxtaposes, from different perspectives and approaches, the discussion on the political economy of the emerging world order with a focus on the rising powers.
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 The Rise of the BRICS in Africa written by Pádraig Risteard Carmody and published by . This book was released on with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Title; Copyright; Contents; Abbreviations; Acknowledgements; 1 Introduction: new models of globalization; 2 China: globalization and the rise of the state?; 3 South Africa: another BRIC in the wall?; 4 India: the geo-logics of agro-investments; 5 Russia: unalloyed self-interest or reflections in the mirror?; 6 Brazil: globalizing solidarity or legitimizing accumulation?; 7 Conclusion: governance and the evolution of globalization in Africa; Notes; Bibliography; Index.
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 The Growth Map written by Jim O'neill and published by Penguin. This book was released on 2011-12-08 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2001, Jim O'Neill predicted the fastest growing economies of the past decade. Now he's back to explore the new growth markets we should all be watching closely today. It's been ten years since Jim O'Neill conceived of the BRIC acronym. He and his team made a startling prediction: Four developing nations- Brazil, Russia, India, and China (the BRICs)-would overtake the six largest Western economies within forty years. The BRIC analysis permanently changed the world of global investing, and its accuracy has stood the test of time. The Growth Map features O'Neill's personal account of the BRIC phenomenon, how it has evolved, and where those four key nations currently stand after a turbulent decade. And the book also offers an equally bold prediction about the "Next Eleven" countries: Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, and Vietnam. These developing nations may not seem exceptional today, but they offer exciting opportunities for investors over the next decade, just as BRIC did before them. O'Neill also shares several compelling insights about the world economy. He reveals the value for growing countries in being "willing to play" by meaningfully committing to policies that encourage further growth and engagement with globalization. He explains how the g20 can adjust to better incorporate the BRICs and to better reflect the balance of the global economy. Finally, O'Neill makes the counterintuitive claim that good things can quite often come from crises. While established economic powers may see the rise of the BRICs as a threat, international trade benefits us all over the long term. Likewise, the recent financial crisis revealed deep problems in our economic systems, problems we now have the opportunity to fix. A work of astute and absorbing analysis, The Growth Map is an indispensable guide for every investor and every participant in the global economy. Anyone who wants to understand the developing world would do well to heed the man called "one of the most sought-after economic commentators on the planet." (The Telegraph)
Download or read book Post Western World written by Oliver Stuenkel and published by John Wiley & Sons. This book was released on 2017-09-05 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the United States' superpower status rivalled by a rising China and emerging powers like India and Brazil playing a growing role in international affairs, the global balance of power is shifting. But what does this mean for the future of the international order? Will China dominate the 21st Century? Will the so-called BRICS prove to be a disruptive force in global affairs? Are we headed towards a world marked by frequent strife, or will the end of Western dominance make the world more peaceful? In this provocative new book, Oliver Stuenkel argues that our understanding of global order and predictions about its future are limited because we seek to imagine the post-Western world from a parochial Western-centric perspective. Such a view is increasingly inadequate in a world where a billions of people regard Western rule as a temporary aberration, and the rise of Asia as a return to normalcy. In reality, China and other rising powers that elude the simplistic extremes of either confronting or joining existing order are quietly building a "parallel order" which complements today's international institutions and increases rising powers' autonomy. Combining accessibility with expert sensitivity to the complexities of the global shift of power, Stuenkel's vision of a post-Western world will be core reading for students and scholars of contemporary international affairs, as well as anyone interested in the future of global politics. "A fascinating interpretation of our understanding of politics and global affairs, which demonstrates the evolving nature of power today. Oliver Stuenkel presents a compelling argument - not just about the "Rise of the Rest", but also the overlooked power and influence of the non-Western world. Highly engaging and instructive." Dr Shashi Tharoor, India’s Minister of State for External Affairs (2009-10) "Oliver Stuenkel is one of the best new voices in the field of international politics. In Post-Western World, he explores the primary challenges of the global order and critiques the parochial, Eurocentric vision which conforms to international power structures. This book is essential reading for anyone seeking to understand what a multipolar world order would look like and how it might be effectively realized." Celso Amorim, Brazil’s Minister of External Relations (1993-5, 2003-11) and Minister of Defence (2011-15)
Download or read book The BRICS written by Andrew Fenton Cooper and published by Oxford University Press. This book was released on 2016 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil, Russia, India, China and South Africa represent almost 18 per cent of the world economy, with their contribution to world growth having already exceeded 50 per cent. But what does the emergence of the BRICS mean for global politics? Andrew Cooper discusses the BRICS as a concept and its practice in global politics.
Download or read book Foreign Capital Flows and Economic Development in Africa written by Evelyn Wamboye and published by Palgrave Macmillan. This book was released on 2017-05-16 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection examines the extent to which foreign capital from conventional (OECD countries) and non-conventional (BRICS) sources has impacted economic development in Africa over the last two decades. It provides in-depth analyses of the nature, motives, and implications of this capital, and identifies drivers of contemporary rapid growth within and across African countries. Authored by leading experts, the book offers original insights for academics, policymakers, and practitioners studying the changes taking place in Africa as the continent strides more confidently toward integration with the global economy. The major themes addressed in this book include:• The implications of growing Chinese engagement in Africa • BRICS countries' versus OECD countries' investment contributions to Africa• The politics of land, land grab, and the puzzle of inclusive development in Africa• Foreign research and development spillovers, trade linkages, and productivity in Africa• Foreign aid effects on social sector, growth, and structural change in Africa• Remittances, foreign debt, resource management, and economic development in Africa
Download or read book The Rise of the BRICS in Africa written by Pádraig Carmody and published by Bloomsbury Publishing. This book was released on 2013-09-12 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: A little over a decade ago Africa was being spoken of in the media as the 'lost' or 'hopeless' continent. Now it has some of the fastest growing economies in the world, largely because of the impact of the BRICS: Brazil, Russia, India, China and South Africa. In this first book to be written about the BRICS as a collective phenomenon, Pádraig Carmody reveals how their engagements with Africa, both individually and collectively, are often contradictory, generating new inequalities and potential for development. Crucially, Carmody shows how the geopolitics of the BRICS countries' involvement in Africa is impacted by and impacts upon their international relations more generally, and how the emergence of these economies has begun to alter the very nature of globalization, which is no longer purely a Western-led project. This is a path-breaking examination of Africa's changing role in the world.
Download or read book Inclusive Development In Africa written by Gumede, Vusi and published by Africa Institute of South Africa. This book was released on 2018-05-22 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses a fundamental developmental challenge for Africa: given all that we know about pertinent issues, what should be done to ensure effective development in Africa? The changing imperatives of international development, the reform of international finance institutions and the growth-development nexus debates as well as varied implications for Africa emanating from global economic crises are critical if Africa’s development is to be better understood. Undoubtedly, revisiting the origins, contexts, complexities and contradictions of the lopsided global order and their effects on development and implications for Africa’s development is necessary. Contributions emphasise the need to radically transform global relations and to accelerate the pursuit of our quest for inclusive development in Africa; acknowledging that we must further problematise Africa’s development in the context of the obtaining global power dynamics and systematically examine the implications of the global economic crises for women as well as for land and agrarian reforms. The book is a timely contribution to our understanding of the global realities confronting Africa, with specific suggestions on how to improve development.
Download or read book The Rise of China and India in Africa written by Fantu Cheru and published by Zed Books Ltd.. This book was released on 2010-03-11 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, China and India have become the most important economic partners of Africa and their footprints are growing by leaps and bounds, transforming Africa's international relations in a dramatic way. Although the overall impact of China and India's engagement in Africa has been positive in the short-term, partly as a result of higher returns from commodity exports fuelled by excessive demands from both countries, little research exists on the actual impact of China and India's growing involvement on Africa's economic transformation. This book examines in detail the opportunities and challenges posed by the increasing presence of China and India in Africa, and proposes critical interventions that African governments must undertake in order to negotiate with China and India from a stronger and more informed platform.
Download or read book The Rise Fall of the BRICS in the Global Economy written by Peter Lowe and published by . This book was released on 2017-12-19 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This updated book (6th edition published in December 2017) examines how the BRICS countries of Brazil, Russia, India, China and South Africa have emerged as potentially potent forces in the global economy, and the reasons behind their economic rise. Yet, although they share certain advantages, they possess different strengths. China has become a dominant global supplier of manufactured goods, while India has emerged as a key global provider of services. Brazil and Russia have become major global exporters of raw materials, resources that China and India require for their industrialisation. South Africa has a diversified economy, and is regarded as a low-risk destination for investment in Africa. The emergence of the BRICS could signal a shift in economic and political power away from the advanced economies of the West. A close 'alliance' between the BRICS countries is becoming a reality, and could further increase their geopolitical stature, leading to significant changes in the current world order. However, China is the real power in the BRICS group, and rivalry with the other BRICS, due to their overlapping spheres of influence, may create future tensions that prevent the emergence of a new powerful grouping. In addition, despite the balance of global economic power shifting towards the BRICS since the turn of the century, there remain doubts over the sustainability of their economic policies. Weak global demand for commodities in recent years has contributed to stalled economies in Brazil, Russia and South Africa, while unprecedented investment levels in China have led to concerns over its rising public and private debt. India's rapidly growing population and considerable rural poverty are problematic for its future development. Therefore, the book looks at the different set of obstacles faced by each of the BRICS countries, and the challenges that may thwart their individual global ambitions, as well as the ability of the BRICS group to take centre stage in tomorrow's global economy. This book includes content from the book titles - 'The Rise (& Fall) of Brazil in the Global Economy', 'The Rise (& Fall) of Russia in the Global Economy', 'The Rise of India in the Global Economy' and 'The Rise of China in the Global Economy' - in addition to dedicated content on the BRICS group. Numerous discussion questions and multiple-choice review questions are included, along with graphs and photos, to create a more interactive and educational experience for the reader. It will be of relevance to teachers, students, and anyone else with an interest in the emergence of the BRICS countries and the globalisation of the world economy.
