BRICs’ Philosophies for Development Financing and their Implications for LICs

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Author :
Publisher : International Monetary Fund
ISBN 13 : 147553129X
Total Pages : 49 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis BRICs’ Philosophies for Development Financing and their Implications for LICs by : MissNkunde Mwase

Download or read book BRICs’ Philosophies for Development Financing and their Implications for LICs written by MissNkunde Mwase and published by International Monetary Fund. This book was released on 2012-03-01 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding Russia) view their financing as primarily based on the principles of South-South cooperation, focusing on mutual benefits without attachment of policy conditionality. This paper provides an overview of the philosophies and modalities of BRIC financing and examines their implications for LIC economies and future LIC-BRIC engagement.

Determinants of Development Financing Flows From Brazil, Russia, India, and China to Low-Income Countries

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1463923910
Total Pages : 26 pages
Book Rating : 4.4/5 (639 download)

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Book Synopsis Determinants of Development Financing Flows From Brazil, Russia, India, and China to Low-Income Countries by : MissNkunde Mwase

Download or read book Determinants of Development Financing Flows From Brazil, Russia, India, and China to Low-Income Countries written by MissNkunde Mwase and published by International Monetary Fund. This book was released on 2011-11-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the potential implications on the country-allocation of loan commitments and the degree of concessionality using a panel vector autoregression model and single equation dynamic panel estimation.We find that BRICs lend more to LICs with weaker institutions. Land-locked, resource-scarce LICs receive significantly less financing than other resource-rich LICs. The degree of concessionality is negatively correlated with the amount of loans and positively correlated with better institutional indicators suggesting that the higher the risks, the higher the required returns that BRICs expect.

New Growth Drivers for Low-Income Countries - The Role of the BRICs

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498339468
Total Pages : 64 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis New Growth Drivers for Low-Income Countries - The Role of the BRICs by : International Monetary Fund

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.

The BRICS Studies

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Author :
Publisher : Routledge
ISBN 13 : 1000067793
Total Pages : 262 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis The BRICS Studies by : Xu Xiujun

Download or read book The BRICS Studies written by Xu Xiujun and published by Routledge. This book was released on 2020-05-14 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given their immense potential for development and representation of a new international political and economic order, the BRICS countries have become a strong nascent force on the global stage. However, as overall economic growth continues to slow down, and the geopolitical situation becomes more complex, the BRICS countries are facing a series of new challenges that require further development in the way they cooperate with one another. This volume offers a panoramic view of cooperation between the BRICS countries in the light of these new challenges. The editors reveal that policy coordination has been strengthened, bringing into play complementary advantages as viable ways for promoting robust, sustainable, and balanced growth in the world economy. They argue that the experience gained, and lessons learned in the development of and cooperation between the BRICS countries has offered a positive role model for cooperation between other countries as well as providing valuable lessons for research in international politics. Students and scholars in international relations and politics will benefit from this volume.

African Agency, Finance and Developmental States

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Author :
Publisher : Springer Nature
ISBN 13 : 3030724123
Total Pages : 235 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis African Agency, Finance and Developmental States by : Gorden Moyo

Download or read book African Agency, Finance and Developmental States written by Gorden Moyo and published by Springer Nature. This book was released on 2021-05-01 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an open invitation to the enterprise of re-imagining an alternative decolonial development project in Africa. It does this by focusing on the triple themes of African agency, development finance, and African developmental states in the context of an emerging multipolar world system. The book must be read as an affirmatively disruptive inquiry into the twin evils of global coloniality and global capitalist economic relations that have kept Africa on the lower rungs of the global pecking order, thereby preventing the rooting of an alternative development paradigm on the continent. As such, the book seeks to contribute towards the project of extricating the financing of development in Africa from the clutches of the Global North and the emerging powers of the Global South. In this way, it is a call for Afro-rebellion against the old and new forms of global coloniality and global capitalism. While the book is of major interest to scholars and students of African Studies, Development Studies, International Development Cooperation, International Relations, International Trade and Investment, Diplomacy, Africa–China Relations, and Political Science, it is equally meant for the general reader as it assumes no prior knowledge in any of the field of enquiry other than interest in the development of the African continent.

The BRICS and Collective Financial Statecraft

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Author :
Publisher : Oxford University Press
ISBN 13 : 0190697520
Total Pages : 289 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis The BRICS and Collective Financial Statecraft by : Cynthia A. Roberts (Professor of political science)

Download or read book The BRICS and Collective Financial Statecraft written by Cynthia A. Roberts (Professor of political science) and published by Oxford University Press. This book was released on 2018 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction: the BRICS as a club -- Global power shift: the BRICS, building capabilities for influence -- BRICS collective financial statecraft: four cases -- Motives for BRICS collaboration: views from the five capitals -- Conclusion: whither the BRICS?

The BRICS and the Future of Global Order

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 1498567282
Total Pages : 273 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis The BRICS and the Future of Global Order by : Oliver Stuenkel

Download or read book The BRICS and the Future of Global Order written by Oliver Stuenkel and published by Rowman & Littlefield. This book was released on 2020-02-03 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transformation of the BRIC acronym from an investment term into a household name of international politics and into a semi-institutionalized political outfit (called BRICS, with a capital ‘S’), is one of the defining developments in international politics in the past decades. While the concept is now commonly used in the general public debate and international media, there has not yet been a comprehensive and scholarly analysis of the history of the BRICS term. The BRICS and the Future of Global Order, Second Edition offers a definitive reference history of the BRICS as a term and as an institution—a chronological narrative and analytical account of the BRICS concept from its inception in 2001 to the political grouping it is today. In addition, it analyzes what the rise of powers like Brazil, Russia, India, China, and South Africa means for the future of global order. Will the BRICS countries seek to establish a parallel system with its own distinctive set of rules, institutions, and currencies of power, rejecting key tenets of liberal internationalism, are will they seek to embrace the rules and norms that define today’s Western-led order?

BRICS and International Tax Law

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Author :
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041194363
Total Pages : 384 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis BRICS and International Tax Law by : Peter Antony Wilson

Download or read book BRICS and International Tax Law written by Peter Antony Wilson and published by Kluwer Law International B.V.. This book was released on 2016-04-24 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the ongoing expansion of outbound foreign direct investment (FDI) in the countries representing the BRICS economic bloc (Brazil, Russia, India, China, and South Africa) – and with all of them at the same time listed among the top seven countries plagued by tax evasion and avoidance in the guise of illicit out ows – the ve governments, both individually and through cooperative initiatives, have devised new international tax strategies that are proving to be of great interest and value to other countries, both developing and developed. The core of these strategies addresses the necessity of stemming the out ow of revenue while strongly supporting FDI, both inbound and outbound while complying with international obligations including those arising from human rights laws. This book is the rst in-depth commentary on this new and evolving area of international tax law. The detailed analysis covers the entire eld of BRICS international tax law, considering topics such as the following: – information exchange procedures and pitfalls; – response to the OECD’s Base Erosion and Pro t-Sharing (BEPS) initiative; – role of bilateral and multilateral double taxation conventions including the Multilateral Instrument and the Bilateral Investment Treaties; – thin capitalization; – transfer pricing; – controlled foreign corporation rules; – shortcomings related to authorities’ limited manpower; – international audit and investigation procedures; – the BRICS approach to residence and mandatory and binding arbitration; and – the BRICS approach to shaping the developing world’s international tax system. Notably, the author personally conducted interviews with senior international representatives of the BRICS tax authorities, as well as with leading BRICS academics and practitioners. Tax cases, together with human rights and investment cases and administrative guidelines in all ve countries are also included in the analysis. The study concludes with recommendations for improving each of the ve countries’ tax law and procedures, especially in the area of dispute resolution. The author’s goal is to extend the existing body of knowledge of the BRICS’ international tax laws in order to assist in developing an understanding of the BRICS approach to dealing with evasion and avoidance: an approach which facilitates both outbound and inbound FDI, simpli es tax authority administration and establishes a basis for resolving international disputes which is compatible with sovereignty. In achieving this objective, the author has produced a major work that is of immeasurable value to tax advisers, government and governance of cials, academics and researchers both in developing international taxation strategies and in helping to resolve disputes with tax authorities.

Convergence and Developmental Aspects of Credit Allocations in BRICS Nations

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1040039480
Total Pages : 399 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Convergence and Developmental Aspects of Credit Allocations in BRICS Nations by : Ramesh Chandra Das

Download or read book Convergence and Developmental Aspects of Credit Allocations in BRICS Nations written by Ramesh Chandra Das and published by Taylor & Francis. This book was released on 2024-06-07 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the levels of cooperation and the phenomenon of convergence among BRICS nations. It provides an in-depth look into the financial and banking systems among these rapidly developing economies and the steps they have taken to foster development and counter inequalities. Of the many factors in determining the income and wealth of a country as well as a group of countries, commercial bank credit, a well-known financial indicator, has been an important one. This book analyses the governance and structure of the New Development Bank and its effects on group members for peer growth and to defend against any external economic and political shocks. It looks at how much of an influence the commercial bank credit, or simply the credit, has upon the income levels of the BRICS member countries, how equitable they are, whether they are converging in credits and incomes, and other such issues. It also focuses on India’s credit aspects of inclusiveness and convergence. With a strong empirical model estimation, this book will be of interest to students and researchers of economics, finance, management, political studies, international relations, and international trade.

The BRICS in International Development

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Author :
Publisher : Springer
ISBN 13 : 1137556463
Total Pages : 248 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis The BRICS in International Development by : Jing Gu

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 248 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.

Political Economy Of The Brics Countries, The (In 3 Volumes)

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Author :
Publisher : World Scientific
ISBN 13 : 9811202222
Total Pages : 986 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Political Economy Of The Brics Countries, The (In 3 Volumes) by :

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.

Good Governance in Economic Development

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Publisher : UBC Press
ISBN 13 : 0774861959
Total Pages : 394 pages
Book Rating : 4.7/5 (748 download)

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Book Synopsis Good Governance in Economic Development by : Sarah Biddulph

Download or read book Good Governance in Economic Development written by Sarah Biddulph and published by UBC Press. This book was released on 2019-10-01 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: With isolationism and protectionism strengthening in response to the forces of globalization, the interrelationship of the national and supranational in shaping good governance norms has become increasingly relevant. Good Governance in Economic Development critically examines the transparency and accountability mechanisms underpinning international trade, finance, and investment regimes, particularly in view of the intensifying influence of China. It also explores the Chinese state’s engagement with these norms, shedding light not only on how the principles of transparency, accountability, and public participation are applied within China, but also on the ability of China to affect international rules.

BRICS and Global Governance

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Author :
Publisher : Routledge
ISBN 13 : 1317172566
Total Pages : 288 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis BRICS and Global Governance by : John Kirton

Download or read book BRICS and Global Governance written by John Kirton and published by Routledge. This book was released on 2018-02-13 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past few decades have witnessed the development of an increasingly globalised and multipolar world order, in which the demand for multilateralism becomes ever more pronounced. The BRICS group established in 2009, has evolved into a plurilateral summit institution recognized both by sceptics and proponents as a major participant in the international system. Addressing the BRICS’s role in global governance, this book critically examines the club’s birth and evolution, mechanisms of inter-BRICS cooperation, its agenda priorities, BRICS countries’ interests, decisions made by members, their collective and individual compliance with the agreed commitments, and the patterns of BRICS engagement with other international institutions. This volume advances the current state of knowledge on global governance architecture, the BRICS role in this system, and the benefits it has provided and can provide for world order. This book will interest scholars and graduate students who are researching the rise and role of emerging powers, global governance, China and India’s approach to global order and relationship with the United States, Great Power politics, democratization as a foreign policy strategy, realist theory-building and hegemonic transitions, and the (crisis of) liberal world order.

Assessing the Social Impact of Development Projects

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Author :
Publisher : Springer
ISBN 13 : 3319191179
Total Pages : 252 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Assessing the Social Impact of Development Projects by : Hari Mohan Mathur

Download or read book Assessing the Social Impact of Development Projects written by Hari Mohan Mathur and published by Springer. This book was released on 2015-12-16 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how social impact assessment (SIA), which emerged barely five decades ago, as a way to anticipate and manage potentially negative social impacts of building dams, power stations, urban infrastructure, highways, industries, mining and other development projects, is now widely in use as a planning tool, especially in developed countries. Although SIA has still not gained much acceptance among development planners in Asia, the situation is gradually changing. In India, SIA initially mandated as a policy guideline in 2007 is now a legal requirement. SIA in China has also recently become obligatory for certain types of development projects. Bangladesh, Laos, Nepal, Pakistan and Sri Lanka are other Asian countries that provide examples from a variety of externally funded projects illustrating the use of social impact analysis in project planning to improve development outcomes. With contributions from an array of leading experts, this book is a valuable resource on SIA, indispensable for policymakers, planners, and practitioners in government, international development agencies, private-sector industry, private banks, consultants, teachers, researchers and students of social sciences and development studies, also NGOs everywhere, not in Asia alone.

Foreign Capital Flows and Economic Development in Africa

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Author :
Publisher : Springer
ISBN 13 : 1137534966
Total Pages : 514 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Foreign Capital Flows and Economic Development in Africa by : Evelyn Wamboye

Download or read book Foreign Capital Flows and Economic Development in Africa written by Evelyn Wamboye and published by Springer. This book was released on 2017-03-16 with total page 514 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

African Studies in Russia

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Author :
Publisher : MeaBooks Inc
ISBN 13 : 1988391067
Total Pages : 142 pages
Book Rating : 4.9/5 (883 download)

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Book Synopsis African Studies in Russia by : Dmitriev, R.V.

Download or read book African Studies in Russia written by Dmitriev, R.V. and published by MeaBooks Inc. This book was released on 2018-01-10 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication is the latest in the African Studies in Russia series of compilations and contains full articles and annotations of the most important – from the point of view of editors – works of Russian Africanists over a certain period. The authors work at the Institute for African Studies of the Russian Academy of Sciences (RAS). The present issue covers the years 2014 to 2016 and consists of two sections. The first section presents conceptual articles on Africa published in authoritative journals. The second section offers synopses of books by Russian authors on economics, cultural anthropology, social and political development, gender studies, and international relations of African countries.The main objective of the triennial series of compilations is to introduce new findings of Russian Africanists to interested foreign scholars who do not speak Russian.

African Studies in Russia

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Author :
Publisher : African Books Collective
ISBN 13 : 1988391075
Total Pages : 142 pages
Book Rating : 4.9/5 (883 download)

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Book Synopsis African Studies in Russia by : R.V. Dmitriev

Download or read book African Studies in Russia written by R.V. Dmitriev and published by African Books Collective. This book was released on 2017-12-29 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication is the latest in the African Studies in Russia series of compilations and contains full articles and annotations of the most important from the point of view of editors works of Russian Africanists over a certain period. The authors work at the Institute for African Studies of the Russian Academy of Sciences (RAS).The present issue covers the years 2014 to 2016 and consists of two sections. The first section presents conceptual articles on Africa published in authoritative journals. The second section offers synopses of books by Russian authors on economics, cultural anthropology, social and political development, gender studies, and international relations of African countries.The main objective of the triennial series of compilations is to introduce new findings of Russian Africanists to interested foreign scholars who do not speak Russian.