The Role of BRICS in the Dev
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
International Trade and Development
United Nations A/73/208 General Assembly Distr.: General 17 August 2018 Original: English Seventy-third session Item 18 (a) of the provisional agenda* Macroeconomic policy questions International trade and development Report of the Secretary-General Summary The green shoots of the recovery in global trade that began in 2017 have continued in 2018, with trade growth outpacing the growth of global gross domestic product once again. While this would normally lead to an optimistic outlook, the integrity of the multilateral trading system is under threat, and with it, the prospects for sustained global trade growth and the achievement of a comprehensive development agenda. The latest trade statistics are described in the present report, as well as the ways in which a revitalized and resilient multilateral trading system will allow trade to fulfil its role as an enabler for the realization of the 2030 Agenda for Sustainable Development and the Sustainable Development Goals. * A/73/150. 18-12039 (E) 280818 *1812039* A/73/208 I. Trends in trade 1. In 2017, after two years of decline, global trade finally rebounded. It grew by 9 per cent compared with the previous year, reaching a value close to $23 trillion. Despite the increase, international trade remained about $1.2 trillion below its peak, attained in 2014. According to forecasts from the World Trade Organization (WTO) and the Department of Economic and Social Affairs, trade is expected to grow by about 4.5 per cent in 2018, in line with global output. 2. Notwithstanding the recovery, it is worth noting that there has been a change in international trade dynamics. -
The Role of the Bric in Africa's Development
Journal for Contemporary History 41(1) / Joernaal vir Eietydse Geskiedenis 41(1): 80-102 © UV/UFS • ISSN 0258-2422 / e-ISSN 2415-0509 http://dx.doi.org/10.18820/24150509/jch.v41i1.5 THE ROLE OF THE BRIC IN AFRICA’S DEVELOPMENT: DRIVERS AND STRATEGIES Mills Soko1 and Mzukisi Qobo2 Abstract National interest still trumps friendship in international relations. The notions of solidarity that were popular among developing countries in the 1950s and the 1960s have no resonance in 21st century diplomacy, which is largely driven by commercial considerations. Many developing countries still view the advent of rising powers – some of whom were part of the Third World movement that arrayed itself to counter imperialism – as offering promise for development progress. Taking an analytic assessment of the BRIC (Brazil, Russia, India and China) countries’ role in Africa’s development, this article argues that such hopes are misguided. BRIC countries are not primarily driven by Africa’s development concerns, but are seeking to fulfil their own commercial interests, as well as use Africa as an avenue for shoring up their international legitimacy and credibility. The article arrives at this conclusion by examining how each of the BRIC countries implements its commercial and diplomatic strategies on the African continent. South Africa is excluded from this analysis as the focus of the article is on how the non-African members of the BRICS formation pursue their diplomatic and commercial strategies on the African continent. Keywords: BRIC countries; drivers; development; strategies; Africa. Sleutelwoorde: BRIC-lande; dryfvere; ontwikkeling; strategieë; Afrika. 1. INTRODUCTION Since 1995, the African continent has registered rapid economic growth and development against the backdrop of both a commodities’ boom and expanding investment in a diverse range of sectors, from natural-resourced based industries to wholesale, retail, trade, telecommunications and manufacturing. -
Download the Full Chapter » (PDF)
37 CHAPTER 2 ASSESSING REGIONAL ORGANIZATIONS’ WORK IN DISASTER RISK MANAGEMENT his chapter looks at one group of important but little-studied actors in disaster risk management (DRM): regional organizations.171 Although regional mechanisms are Tplaying increasingly important roles in disasters, there has been remarkably little research on their role in disaster risk management. In fact, there are few published studies about the relative strengths and weaknesses of regional bodies, much less comparisons of their range of activities or effectiveness in DRM.172 A recent study carried out by the Brookings-LSE Project on Internal Displacement sought to address this gap by providing some basic information about the work of more than 30 regional organizations involved in disaster risk management and by drawing some comparisons and generalizations about the work of thirteen of these organizations through the use of 17 indicators of effectiveness.173 This chapter provides a summary of some of that research. SECTION 1 Introduction and Methodology: Why a Focus on Regions? Since the 1950s when European regional integration seemed to offer prospects not only for the region’s post-war recovery, but also for lasting peace and security between former enemies, regional organizations have been growing in number and scope. They have 171 There has been a trend to move away from a rigid dichotomy between activities intended to reduce risk/ prepare for disasters and those associated with emergency relief and reconstruction. Thus the term “disaster risk management” (DRM) is used as the overarching concept in this study. However, as the dichotomy between pre-disaster and post-disaster activities is still prevalent in international institutions, international agreements and frameworks, government institutions and regional institutions, the disaster risk reduction (DRR) is also used as a catch-all term for pre-disaster activities while the term disaster management (DM) refers to all post- disaster activities. -
Brics Versus Mortar? Winning at M&A in Emerging Markets
BRICs Versus Mortar? WINNING AT M&A IN EMERGING MARKETS The Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. We partner with clients from the private, public, and not-for- profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep in sight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable compet itive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 78 offices in 43 countries. For more information, please visit bcg.com. BRICs VeRsus MoRtaR? WINNING AT M&A IN EMERGING MARKETS JENS KENGELBACH DOminiC C. Klemmer AlexAnDer Roos August 2013 | The Boston Consulting Group Contents 3 EXECUTIVE SUMMARY 8 THE GLOBAL M&A MARKET ReMAINS IN A DEEP FREEZE Disappointing Results for Public-to-Public Deals Emerging Markets Claim a Growing Share of Deal Flow Key Investing Themes 13 LEARNING FROM EXPERIENCE AND MANAGING COMPLEXITY: THE KEYS TO SUPERIOR ReTURNS Serial Acquirers Reap the Rewards of Experience The Virtue of Simplicity 17 A TOUR OF THE BRIC COUNTRIES Brazil Looks to the North Russia Seeks Technology, Resources—and Stability India Aims at Targets of Opportunity China Hunts for Management Know-How—and Access to the Global Business Arena 31 EMERGING THEMES AND ReCOMMENDATIONS 34 Appendix: Selected trAnSActionS, 2012 And 2013 36 FOR FURTHER ReADING 37 NOTE TO THE ReADER 2 | BRICs Versus Mortar? exeCutIVe suMMaRy espite the current worldwide lull in mergers and acquisitions, there’s Dnot much argument that emerging markets will remain a hotbed of M&A activity for some time to come. -
Building Better Global Economic Brics
Economics Global Economics Research from the GS Financial WorkbenchSM at https://www.gs.com Paper No: 66 Building Better Global Economic BRICs n In 2001 and 2002, real GDP growth in large emerging market economies will exceed that of the G7. n At end-2000, GDP in US$ on a PPP basis in Brazil, Russia, India and China (BRIC) was about 23.3% of world GDP. On a current GDP basis, BRIC share of world GDP is 8%. n Using current GDP, China’s GDP is bigger than that of Italy. n Over the next 10 years, the weight of the BRICs and especially China in world GDP will grow, raising important issues about the global economic impact of fiscal and monetary policy in the BRICs. n In line with these prospects, world policymaking forums should be re-organised and in particular, the G7 should be adjusted to incorporate BRIC representatives. Many thanks to David Blake, Paulo Leme, Binit Jim O’Neill Patel, Stephen Potter, David Walton and others in the Economics Department for their helpful 30th November 2001 suggestions. Important disclosures appear at the end of this document. Goldman Sachs Economic Research Group In London Jim O’Neill, M.D. & Head of Global Economic Research +44(0)20 7774 1160 Gavyn Davies, M.D. & Chief International Economist David Walton, M.D. & Chief European Economist Andrew Bevan, M.D. & Director of International Bond Economic Research Erik Nielsen, Director of New European Markets Economic Research Stephen Potter, E.D. & Senior Global Economist Al Breach, E.D & International Economist Linda Britten, E.D. -
Emerging and Frontier Markets: the New Frontline Markets Professional Careers
GONCALVES GONCALVES THE BUSINESS Emerging and Frontier Economics Collection EXPERT PRESS Philip J. Romero and Jeffrey A. Edwards, Editors DIGITAL LIBRARIES Markets The New Frontline for Global Trade EBOOKS FOR • BUSINESS STUDENTS Marcus Goncalves • José Alves ALVES Curriculum-oriented, born- Goncalves and Alves’ work is a very interesting and digital books for advanced business students, written promising book for the development themes of emerging by academic thought markets. The style and quality of the material is worthy Emerging leaders who translate real- of respect, providing a clear analysis of the internation- world business experience al markets and global development of various economic into course readings and and commercial relations and trading routes. —Yurii reference materials for and Frontier students expecting to tackle Pozniak, International Management Consultant at management and leadership Ukroboronservis, Kiev, Ukraine. challenges during their Emerging and Frontier Markets: The New Frontline Markets professional careers. for Global Trade brings together a collection of insights POLICIES BUILT and a new outlook of the dynamics happening between AND FRONTIER MARKETS EMERGING BY LIBRARIANS The New Frontline for the emerging and the advanced markets. The book pro- • Unlimited simultaneous usage vides also an excellent, easy to read and straight-to-the Global Trade • Unrestricted downloading point economic and political description of the MENA, and printing BRICS, ASEAN, and CIVETS markets. A description that • Perpetual access for a should interest every person willing to invest, work or just one-time fee • No platform or acquire a deep understanding of the emerging markets maintenance fees economic and political conditions. —Réda Massoudi, BU • Free MARC records Director Management and Transformation Consult- • No license to execute ing, LMS Organization & Human Resources. -
The Case for State-Led Trade Policies in Economic and Human Development
SIT Graduate Institute/SIT Study Abroad SIT Digital Collections Independent Study Project (ISP) Collection SIT Study Abroad Fall 2016 The aC se for State-Led Trade Policies in Economic and Human Development Prahlad Krishnan SIT Study Abroad Follow this and additional works at: https://digitalcollections.sit.edu/isp_collection Part of the African Studies Commons, Economic Policy Commons, Growth and Development Commons, International Economics Commons, and the Regional Economics Commons Recommended Citation Krishnan, Prahlad, "The asC e for State-Led Trade Policies in Economic and Human Development" (2016). Independent Study Project (ISP) Collection. 2443. https://digitalcollections.sit.edu/isp_collection/2443 This Unpublished Paper is brought to you for free and open access by the SIT Study Abroad at SIT Digital Collections. It has been accepted for inclusion in Independent Study Project (ISP) Collection by an authorized administrator of SIT Digital Collections. For more information, please contact [email protected]. The Case for State-Led Trade Policies in Economic and Human Development Author: Prahlad Krishnan Advisor: Mwambutsya Ndebesa Academic Director: Charlotte Mafumbo Kampala, Uganda Fall 2016 This paper is dedicated to Charlotte Mafumbo, who opened up new doors for me and inspired me to explore new areas 2 Acknowledgements This paper would not have been possible without the help, support and inspiration of numerous individuals. I’d like to thank my Academic Director, Dr. Charlotte Mafumbo, for her passion and support in opening up new opportunities for me every day. Whether it was helping coordinate interviews or giving advice on writing, Dr. Mafumbo was invaluable to the making of this paper. I would also like to thank Mr. -
Intra-ASEAN Trade – Gravity Model and Spatial Hausman-Taylor Approach
Working Paper No. 20/2017 | December 2017 Intra-ASEAN trade – Gravity model and Spatial Hausman-Taylor approach Phung Duy Quang Foreign Trade University (FTU), Vietnam [email protected] Pham Anh Tuan Vietnam Military Medical University Nguyen Thi Xuan Thu Diplomatic Academy of Vietnam Abstract: This study examines determinants of intra-industry trade between Vietnam and Asean countries. By solving endogenous problem and applying Hausman-Taylor model for panel two-way dataset, we detect that export flows of Vietnam gravitate to neighbouring countries and those with similar GDP. More importantly, the research indicates the existence of spatial-lag interaction. Keywords: Intra-trade, export, import, gravity model, two-dimensions fixed effect panel model, Hausman- Taylor model, Spatial Hausman - Taylor model. Research for this paper was funded by the Swiss State Secretariat for Economic Affairs under the SECO / WTI Academic Cooperation Project, based at the World Trade Institute of the University of Bern, Switzerland. SECO working papers are preliminary documents posted on the WTI website (www.wti.org) and widely circulated to stimulate discussion and critical comment. These papers have not been formally edited. Citations should refer to a “SECO / WTI Academic Cooperation Project” paper with appropriate reference made to the author(s). 1 ACKNOWLEDGMENTS From my heart, I would like to show my gratitude and sincere thanks to Dr. Anirudh ([email protected]), from World Trade Institute, Switzerland, who is my mentor, for guiding me to find out research, practical approach, looking for material, processing and data analysis, solving problem ... so that I can complete my research. Also, in the process of learning, researching and implementing the research I was getting a lot of attention, suggestions, supporting from my precious colleagues, expertise and organizations. -
Issue No.716 (1-15 Feb 2021) Sdrs to The
Third ECONOMICSThird World ECONOMICS No. 716, 1-15 February 2021 World Trends and Analysis No. 716 1-15 February 2021 e-ISSN : 2716-5388 SDRs to the financial rescue? Developing countries are in dire need of fiscal resources to tackle the raging COVID-19 pandemic. Special Drawing Rights (SDRs), the reserve currency created by the International Monetary Fund, may provide just the infusion of liquidity they so urgently require. l SDRs as a response to fiscal SOS – p14 .......... ALSO IN THIS ISSUE .......... New WTO Director-General leans towards Northern trade agenda Developing countries call for text-based negotiations on TRIPS waiver Expert cautions against JSI e-commerce negotiations East Asian economies leading global trade recovery 1 THIRD WORLD CURRENT REPORTS I WTO Third World ECONOMICS No. 716, 1-15 February 2021 Economics Tren d s & A n a l y s i s New WTO Director-General leans 131 Jalan Macalister towards Northern trade agenda 10400 Penang, Malaysia Tel: (60-4) 2266728/2266159 Ngozi Okonjo-Iweala has taken the helm of the WTO amid concerns Fax: (60-4) 2264505 over her stance on some contentious issues facing the trade body. Email: [email protected] Website: https://twn.my by D. Ravi Kanth C O N T E N T S GENEVA: Several developing countries one WTO member (i.e., the United States) CURRENT REPORTS are alarmed over the trade agenda through its blocking of appointments to unveiled by the new Director-General the Appellate Body – the new DG turned New WTO Director-General leans of the World Trade Organization, Ngozi the problem into one for all members, Okonjo-Iweala, that seeks, among others, towards Northern trade agenda suggesting that members can agree on to accelerate work on the non-mandated, a work programme at the WTO’s 12th — p2 informal Joint Statement Initiatives (JSIs) Ministerial Conference (MC12) due to on electronic commerce and investment take place later this year, said trade envoys Developing countries call for text- facilitation, trade envoys told the South- who asked not to be quoted. -
The Impact of Neo-Colonialism on Coffee Trading Activities in Kenya by Rebecca M Maundu United States International University
THE IMPACT OF NEO-COLONIALISM ON COFFEE TRADING ACTIVITIES IN KENYA BY REBECCA M MAUNDU UNITED STATES INTERNATIONAL UNIVERSITY - AFRICA SUMMER 2017 THE IMPACT OF NEO-COLONIALISM ON COFFEE TRADING ACTIVITIES IN KENYA BY REBECCA M MAUNDU ID NO: 649337 A Thesis Report Submitted to the School of Humanities and Social Sciences in Partial Fulfillment of the Requirements for the Award of Master of Arts Degree in International Relations UNITED STATES INTERNATIONAL UNIVERSITY - AFRICA SUMMER 2017 DECLARATION This thesis report is my original work and has not been presented for a degree in any other institution. Signature: ……………………………… Date: ……………………………. REBECCA M MAUNDU (ID. NO: 649337) This thesis report has been submitted with my approval and justified as the university supervisor. Signature: ………………………………. Date: ………………………………. Dr. WELDON K. NGENO School of Humanities and Social Sciences (SHSS) –USIU -AFRICA Signature: ………………………………. Date: ………………………………. DR. TOM L. S ONDITI DEAN - School of Humanities and Social Sciences (SHSS) –USIU -AFRICA Signature: ………………………………. Date: ………………………………. AMB. PROF. RUTHIE. C. RONO DVC- ACADEMICS USIU -AFRICA ii DEDICATION I dedicate this work to my family for their entire support in my academic endeavor. The co-operation, inspiration and spiritual support from my workmates and fellow students have been invaluable. Special gratitude goes to my supervisor for the understanding, patience and guidance. May the Almighty God richly reward you! iii ACKNOWLEDGEMENT I’m grateful and highly indebted to many outstanding individuals without whom this work would not have been successful. Special gratitude to the Almighty God for the free provision of care, health, and strength he has accorded me, may abundant glory be to God. -
Documento Ingles
www.pwc.com/co Highlights of Colombia Economic analysis 2011 and 2012 forecast Wrap up 2011 Over the last few years, the global economy has been facing the consequences of the 2008 world financial crisis. The economic recovery tries to find its way at different paces. In the case of developed countries, the beginning of recovery has become a steep slope, whereas it seems to find room for maneuvering in the emerging countries. The United States and the Europe Union grew about 1.5% in 2011. Asian economies showed greater energy, with rates above 6.5%, except in the case of Japan. The real estate market in the United States is still at a standstill. Fears regarding public debt sustainability continued to be felt at the Euro Zone, as the fiscal tensions did in the countries of the European periphery, since it seems the confidence of agents has taken a long time to become reestablished. Colombia is part of the group of emerging countries that have managed to resist global tensions. Despite the contraction of overseas demand from developed countries and a greater restriction of foreign lending as a result of a greater risk aversion, the economy has managed to expand thanks to public and private actions. Regarding the economic policy, achievements such the enactment of the constitutional reform of royalties, the fiscal rule and the act on macroeconomic stability are worth highlighting. Low interest rates and inflation under control are signs of a stable economic environment. Colombian exports have not only diversified their target markets, but also profited the high prices of main basic goods such as oil and coal, among others. -
ROGE-2017-253 Prof. Bates
The Business and Management Review, Volume 9 Number 1 July 2017 An examination of market entry perspectives in Emerging Markets Marvin O. Bates Department of Marketing, College of Business Lewis University, USA Tom A. Buckles Department of Marketing & Entrepreneurship School of Business & Management Azusa Pacific University, Azusa, CA, USA Key Words Emerging Markets, Entry Strategies, BoP, Base of the Pyramid Abstract This article examines emerging markets from two major perspectives. First the financial growth models typically based on a country’s GDP growth; this financial growth perspective gave rise to seven major definitions of emerging markets: BRICs, CIVETS, MINT, etc. The second perspective is an economic levels perspective based on the World Economic Pyramid; this economic levels perspective resulted in three global categories – the Top, Middle and Base of the Pyramid (BoP) markets. A new market expansion and market entry strategic model is proposed for each of the three World Economic Pyramid levels: Inter-country expansion, Intra-country entry, adjacent market entry, and Opposite market entry approaches. Prahalad’s 4 A’s marketing strategy (Awareness, Affordability, Access and Availability) for the BoP market is discussed, and the requirement for an articulated marketing strategy for the “middle market” is identified. Six operational biases identified by BoP strategic theorists held by MNCs regarding BoP market approaches are identified and discussed. And finally, the BoP strategic theorists identified the need for a BoP marketing focus replacing the traditional 4P marketing approach (i.e., Product, Price, Place and Promotion) with a BoP 4A marketing approach (i.e., Awareness, Affordability, Access and Availability). This article summarizes these recently evolving perspectives and insights to provide a context for future market research in both emerging and BoP markets.