Emerging Markets and the Future of the BRIC Nations

Emerging Markets and the Future of the BRIC Nations PDF

Author: Kelly Aceto

Publisher: Edward Elgar Publishing

Published: 2015-10-30

Total Pages: 224

ISBN-13: 1783479760

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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.

Emerging Economies and the Transformation of International Business

Emerging Economies and the Transformation of International Business PDF

Author: Subhash C. Jain

Publisher: Edward Elgar Publishing

Published: 2006

Total Pages: 567

ISBN-13: 1847202985

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The economic power of Brazil, Russia, India and China (BRICs) is rapidly increasing, changing the landscape of global economics and politics. Top scholars of international business address in this vital volume the markets, strategy implications, challenges and possibilities of this new economic reality. As these four nations acquire greater economic clout, the opportunities for other countries increase. The contributors describe the favorable circumstances these evolving economies could provide for the US and other countries, such as expanded markets and services, higher returns on investments, and new partners in building a more peaceful and prosperous world. In contrast, they also discuss risks to traditional industries and possible challenges to positions on human rights and intellectual property protections, environmental standards, free markets and democratic governments. The volume emphasizes the need for companies to adopt strategies to stay ahead in the changing business environment. Governments must also design and implement new policies geared toward mutually beneficial relationships with BRICs. This enlightening study will be of great interest to students and scholars of international business. Executives of large companies will find it of great practical use when planning their organization s future strategies.

The Future BRICS

The Future BRICS PDF

Author: R. Marino

Publisher: Springer

Published: 2014-09-09

Total Pages: 213

ISBN-13: 113739644X

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The Future BRICS provides in depth quantitative and qualitative questions and answers about the future of the BRICS Forum as a synergistic economic alliance and is a valuable resource for anyone interested in the ongoing international debate about the economic future and sustainability of the emerging markets in general.

Investing in Emerging Markets

Investing in Emerging Markets PDF

Author: Julian Marr

Publisher: John Wiley & Sons

Published: 2010-09-24

Total Pages: 305

ISBN-13: 0470977396

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For more than a decade, emerging markets have proved one of the most exciting areas of investment, but the sector has not been without its dangers. Private and professional investors alike have continuously been attracted by the promise of riches on offer from countries such as China, India, Brazil and Russia but, as often as not, have been left with their fingers burnt. Investing in Emerging Markets: The BRIC Economies and Beyond tempers the undoubted causes for emerging market optimism with a healthy dose of reality, illustrating how for every argument in favour of investing in the sector there are one or more reasons to tread very carefully indeed. In the wake of the credit crunch and ensuing market turmoil, it also analyses where the emerging markets now fit within the global investment landscape. With the economies of the US, Europe and Japan hit by an economic crisis very much of their own making, has the credibility gap between developed and developing markets narrowed? Has the playing field become more level? Investing in Emerging Markets: The BRIC Economies and Beyond offers a fresh, clear-eyed and objective look at an area that can only grow in importance over the next decade. It balances a realistic appraisal of the opportunities on offer from the emerging markets with a pragmatic assessment of the potential pitfalls facing investors, in the process providing an accessible introduction to newcomers and more experienced investors with a valuable and compact point of reference.

Understanding Emerging Markets

Understanding Emerging Markets PDF

Author: Stefano Pelle

Publisher:

Published: 2007

Total Pages: 246

ISBN-13: 9788178297163

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This book provides an overall perspective of the rising power of emerging economies. It focuses on Brazil, Russia, India and China (the BRIC countries) in order to understand market opportunities and issues relevant to doing business in such emerging economies. The book defines an emerging market, analyses the operative environment of emerging countries and points out some common difficulties and mistakes. The author describes key elements of a successful and profitable business model in these countries and in doing so, focuses on some important issues: - Cultural Gaps and extensive dependence on expatriates - The main characteristics of the workforce - External factors influencing business - Red tape and corruption - Corporate social responsibility - Sustainability of economic development

Understanding BRICs

Understanding BRICs PDF

Author: Natascha Strenger

Publisher: GRIN Verlag

Published: 2012-06-04

Total Pages: 25

ISBN-13: 3656209537

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Seminar paper from the year 2011 in the subject Politics - Political systems in general and in comparison, grade: 1,3, Ruhr-University of Bochum (Fakultät für Sozialwissenschaften), course: Emerging Powers in International Affairs, language: English, abstract: About ten years ago, Jim O’Neil at the well-known investment bank Goldman Sachs coined the acronym BRIC for four emerging countries that were regarded to have a common potential of shaping global markets in the not-too-distant future: Brazil, Russia, India and China. In 2003, Goldman Sachs published a report named “Dreaming with BRICs: The Path to 2050”. Its key message was that the economies of these four countries together, which at that time made up only 15% of the global economy, could by 2050 be larger than those of the (former) G6. They claimed that, given that their predictions come true, the list of the world’s major economies could look very different from today’s in less than 40 years – a perspective which must naturally have an influence on investing behavior around the globe (see Wilson, Purushotaman 2003). The reasons for these expectations were the BRICs economic growth rates, which topped those of the industrialized nations by far, as well as their huge share of global population which promised emerging masses of consumers. In 2010, Goldman Sachs could proudly announce the fulfillment of their 2001 predictions (Wilson et al.). The past decade had indeed seen a rise in political and economic power of these emerging countries, so, according to Goldman Sachs, there were no reasons to doubt that the BRICs future growth would as well be satisfying their forecasts (ibid. 2). Another report from December 2009, which concentrated on the BRICs’ survival of the global financial crisis had even confirmed that these countries (with the sole exception of Russia) were emerging healthier from it than the industrialized world – a development which gave reason to expect yet better long-term performance than they had originally prophesized ten years ago (O’Neill, Stupnytska). However, critics argue that the entire concept of BRIC has flaws – it might appear forced to group four countries that seem to have very little in common. The prediction of their future role in global affairs seems rather bold and even if in terms of economics the BRICs fulfill the expectations – what does this mean for their general role in world affairs? This paper shall have a closer look at the BRIC group and its actual and predicted development. The sense of an analytical concept that was applied to four such different countries shall be examined by pointing out there commonalities and differences.

The Growth Map

The Growth Map PDF

Author: Jim O'neill

Publisher: Penguin

Published: 2011-12-08

Total Pages: 204

ISBN-13: 1101565632

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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)

Global Economies

Global Economies PDF

Author: Sanjyot P. Dunung

Publisher: Atma Global

Published: 2014-11-25

Total Pages: 90

ISBN-13: 0990545903

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How do businesses evaluate world economies; what are developed and developing economies and how do they differ; and, how do professionals evaluate the expanding set of emerging-market countries, which started with the BRIC countries (i.e., Brazil, Russia, India, and China) and has now expanded to include twenty-eight countries? Effective global managers need to be able to identify the markets that offer the best opportunities for their products and services. Savvy global managers realize that to be effective in a country, they need to know its recent political, economic, and social history. This helps them evaluate not only the current business opportunity, but also the risk of political, economic, and social changes that can impact their business. bWise: Global Economies explores how we think about economic classifications for countries in a constantly evolving world -- as well as offer practical tips for global professionals to identify and monitor the expanding group of emerging markets for the best opportunities for their products and services. Understand in greater detail how globalization is impacting the U.S., the European Union, Japan, Brazil, Russia, India, China, the U.A.E, South Africa and other countries in Africa and the Middle East. Table of Contents Introduction: Rethinking BRICs, Emerging Markets & Other Outdated Classifications Chapter 1: Classifying World Economies 1.1 Statistics Used in Classifications 1.2 Why Does All This Matter to Global Business? Chapter 2: Understanding the Developed World 2.1 The United States 2.2 European Union 2.3 Japan Chapter 3: Developing World 3.1 The Middle East 3.2 Africa 3.3 How Do Developing Countries Become Emerging Markets? Chapter 4: Emerging Markets 4.1 Key Emerging Markets 4.2 India 4.3 China 4.4 Brazil 4.5 Russia 4.6 South Africa Chapter 5: bWise Tips: Researching the Local Market bWise Global Economies is part of Atma Global’s bWise – Business Wisdom Worldwide-- series. Engaging, concise, and informative country, culture, and global business guides for professionals, educators, students, and global enthusiasts. Maximize your success potential and satisfy your curiosity as you learn about countries, cultures, and timely global business topics. Edu-taining Content. Our philosophy is that learning should be enjoyable, engaging and user friendly, regardless of how, where, and when you choose to access it. Useful insight needs more than 140 characters. Our approach is not to “spoon feed” you a bunch of do’s and don’ts, rather we look to give you an in-depth, straightforward perspective of a culture, country or a global business topic so that you can extract the information you need and want. Context. We believe that it’s essential to know about how’s and why’s behind a topic. Whether the attitudes towards work and business interactions, business protocols, or the way people communicate – much has to do with the overall context in which society operates. History, government, politics, geography, and a host of other factors all play into this equation as well. More than just a presentation of facts, our essential learning content provide a reliable, comprehensive proprietary analysis about a business culture or global business topic.

The BRICS and the Financing Mechanisms They Created

The BRICS and the Financing Mechanisms They Created PDF

Author: Paulo Nogueira Batista Jr.

Publisher: Anthem Press

Published: 2021-10-12

Total Pages: 110

ISBN-13: 183998208X

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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.

Handbook of BRICS and Emerging Economies

Handbook of BRICS and Emerging Economies PDF

Author: P. B. Anand

Publisher: Oxford University Press, USA

Published: 2021-01-16

Total Pages: 1180

ISBN-13: 0198827539

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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.