Ten emerging countries hot on the heels of the BRICS – International | Moneyweb

Moneyweb – Breaking news, independent analysis, latest JSE share prices, exchange rates and data on investment, finance and business in South Africa

GIBS Information Centre / GIBSIC‘s insight:

Emerging countries, dynamic markets – ” (Insurance group) . . . Coface broke the 10 new emerging economies it has identified into two groups.  –  The first comprises Peru, the Philippines, Indonesia, Colombia and Sri Lanka, which it named the PPICS. They had “strong potential confirmed by a sound business environment,” Coface said.

The second group comprises Kenya, Tanzania, Zambia, Bangladesh and Ethiopia.  But these countries are marked by “very difficult or extremely difficult business environments which could hamper their growth prospects,” Coface said.”

See on www.moneyweb.co.za

After BRICs, Jim O’Neill says invest in the MINTs

British economist Jim O’Neill is now looking to Mexico, Indonesia, Nigeria and Turkey, collectively MINTs, as emerging markets with great potential.

GIBS Information Centre / GIBSIC‘s insight:

BRICs, MINTs – investment:

All have young labour forces, which gives them the demographics to power growth over the next 20 years,”

See on www.cbc.ca

SA urges BRICS to focus on women empowerment | The BRICS Post

BRICS account for 43 per cent of the world’s population.

GIBS Information Centre / GIBSIC‘s insight:

BBBEE, SA– “BRICS account for 43 per cent of the world’s population, around 18 per cent of GDP and 40 per cent of currency reserves, estimated at around $1 trillion.

“There is a greater need for BRICS Member States to commit to the United Nations Conference on Sustainable Development (Rio+20), to systematically consider population trends and projections to national (rural and urban) development strategies and policies,” Dlamini said.

BRICS share similar demographic challenges, including migration, declining fertility rates, rising life expectancy, ageing  population and changes in production and consumption patterns.

A new international report published last week says Indian and Chinese agricultural population grew by a whopping 50 per cent and 33 per cent respectively between 1980 and 2011 while Africa’s grew by 63 per cent.   –    Meanwhile, the BRICS meet in Mpumalanga also highlighted the challenges BRICS face in women’s economic empowerment, political leadership and participation in decision-making.

See on thebricspost.com

The Political Economy of Global Business: the Case of the BRICs / Journal

Gaining greater knowledge of the characteristics of large firms that dominate the global economy is an inherently important endeavour.

GIBS Information Centre / GIBSIC‘s insight:

policy implicatons – ” . . .they also share some crucial features: concentrated ownership, with governments and families at the helm, diversification and internationalisation.

Policy Implications

  • State ownership of big business remains prevalent across large emerging economies, and in BRICs in particular. Family capitalism is the second most widespread form of corporate organisation. This means that companies from these states are not subject to the discipline of the market for corporate control.
  • As widespread and pervasive government intervention has shaped their ownership structures, so too has it driven their strategies more than global market forces. With the possible exception of Brazil, the BRICs’ big corporations are primarily domestic firms that have been produced by, and are therefore emerging from, their home states.
  • Big BRIC business is speeding up internationalisation and may increasingly collide with competitors headquartered in traditional industrial nations. The legacy of previous policy choices, and the institutional path dependence they have created, mean that governance norms in BRIC and non-BRIC companies should not be expected to converge fully in future.
  • Despite their differences, big BRIC business and multinational enterprises have common interests and are likely to find common ground to influence global trade and investment rules.

See on www.globalpolicyjournal.com

China’s Official Think Tank Releases ‘383 Scheme’ for Future Reforms

Nov. 5 – The Development Research Center (DRC) of China’s State Council, which is known as the official think tank of China, recently released the “383 Scheme” for the Third Plenary Session of the …

GIBS Information Centre / GIBSIC‘s insight:

China – 383 scheme:

Innovation system

  • Creating a market environment with less government intervention and more market regulation and toleration in a new technology and business mode

Openness to outside world (especially in service sector)

  • Open energy, telecom, and financial industries to competitive foreign investors
  • Use “negative list” in industry access and unify laws that regulate domestic investments and foreign investments in China to build a fair and competitive market environment
  • Lessen upfront examination and approval procedures for foreign investment
  • Improve the export tax refund system, implement structural decreases in tariffs, and escalate the establishment of free trade zones (i.e. most recently, the China-Japan-Korea FTA)

– See more at: http://www.china-briefing.com/news/2013/11/05/chinas-official-think-tank-releases-383-scheme-for-future-reform.html#sthash.5uWE6nk4.dpuf

See on www.china-briefing.com

A New Trilogy? BRICS, Infrastructure and Development on the African Continent. By Agathe Maupin | LESEDI

Agathe Maupin is currently holding a researcher post at the South African Institute of International Affairs (SAIIA) in Johannesburg, and i…

GIBS Information Centre / GIBSIC‘s insight:

Africa,PIDA,ICA – “Financing large high-return infrastructure projects in Africa from the considerable surpluses of the BRICS, is currently very topical. Many documents have already put forward the importance of infrastructure in development, such as the Infrastructure Action Plan of the G20, the Infrastructure Consortium for Africa (ICA) and the Fonds fiduciaire UE-Afrique pour les infrastructures (FFI). The PIDA has been synthesising into one programme all current or former continental infrastructure initiatives, such as the plans and frameworks of the NEPAD and the Infrastructure Master Plans of the AU. The PIDA’s Priority Action Programme (PAP) has been putting forward around fifty urgent projects in the sectors of energy, transports, water as well as Information and Communication Technologies (ICTs). Projects have been selected according to three main criteria:

– their eligibility and regional integration;
– their feasibility and state of preparation;
– their impacts on development.

Infrastructure obligations, loan guarantees, regional community taxes are part of the financing means envisaged by the PIDA. Among PIDA projects in the energy sector, “large hydroelectric projects and the interconnection of energy exchange systems” (CUA, 2012) are clearly privileged. The large Millennium Dam in Ethiopia [13], Grand Inga in DRC, as well as more modest constructions such as the Lom Pangar Dam in Cameroon, are part of the middle- (2025) to long-term (2040) objectives of the PIDA.”

See on ifas.hypotheses.org

Brazil lifts 3.5mn out of poverty in 2012- Report | The BRICS Post

Rousseff had in February this year raised the monthly stipend of 2.5 million people living below the poverty line.

GIBS Information Centre / GIBSIC‘s insight:

IPEA report – ” . . .number of poor living on $1 or $2 per day, decreased from 19.1 million to 15.7 million, while the number of Brazilians living in extreme poverty went down from 7.6 million to 6.5 million.

The report also shows income gap narrowed in 2012, and the per capita income for households in the poorest 10 per cent of the population increased by 14 per cent.”

See on thebricspost.com




Three Ways BRIC-Based MNCs Can Build Trust

Three guiding principles for C-Suite executives of BRIC-based MNCs and their communications advisors to consider when approaching the global market.

GIBS Information Centre / GIBSIC‘s insight:

3 principles to embrace – Edelman  

  • invest in trust over reputation
  • acknowledge and embrace your roots
  • stand in front of the curtain, not behind it

BRIC-based corporate leaders need to embrace the demand on their time and the investment in relationship capital that is necessary to overcome the real and perceptual barriers facing BRIC-based MNCs”

See on www.edelman.com

Brazil: Confronting the Productivity Challenge

See on Scoop.itBusiness education @GIBS

Brazil must improve productivity to meet its aspiration of growing GDP by more than 4 percent annually. Companies must decide where to “play” and adjust accordingly.

KISs @GIBS‘s insight:

BRICS and emerging economies – Ackn. bcg  "

 as Brazil closes penetration gaps with developed economies in several categories, as well as in consumer-credit stock levels. A sluggish global economy will weaken demand for Brazilian commodities.

On the supply side, productivity has emerged as the key challenge for Brazil and companies operating in Brazil. Our analysis shows that approximately 74 percent of the GDP growth over the past decade was due to the increase in the number of people working and only about 26 percent was attributable to productivity gains. This is very different from the productivity-driven growth of other rapidly developing economies. As the workforce expansion weakens, it will be critical for Brazil to increase productivity significantly to meet its aspiration of growing GDP by more than 4 percent per year."

See on www.bcgperspectives.com