HOW BRICS INTERACTS WITH AFRICA
Published by the Institute of Africa of the Russian Academy of Sciences, the monograph "BRICS - Africa: Partnership and Interaction" (ed. by T. L. Deich, E. N. Korendyasov, Moscow, 2013, 306 p.) is the first comprehensive study of the BRICS phenomenon in Russian science, which unites five dynamically developing countries: Brazil, Russia, India, China and the Republic of South Africa. In recent years, BRICS has become an important player in the international arena, which indicates significant changes in the formation of the world order and the global governance system. In the preface to the book, Academician A. M. Vasiliev pointed out the great importance that the BRICS African spectrum is gaining in connection with the growth of economic development rates in the continent's countries - in the last two decades, they averaged 5%. Africa's total GDP is projected to reach $2.6 trillion by 2020, an increase of 38% (p.10). African countries have become important trade and economic partners of the member States.- page 76 BRICS nicknames. Their accumulated direct investments on the continent exceed $80-90 billion, and their trade turnover is $280 billion. It is projected to grow to $500 billion by 2020 (p. 10). At the expense of African countries, the BRICS countries meet a significant part of their needs for energy and mineral resources. According to the authors, an important change in the economic model of the world was the rise of large developing countries (MS), primarily China and India, which leads to the formation of new rules of the game within the world economic space, since it causes a gradual change in the territorial location of world production; a change in its structure; transformation of the world trade system; evolution of the the scale and nature of global financial flows; changing the model of global consumption; changing the quality and structure of the global labor market. In turn, the consolidation of BRICS efforts in the financial sector should contrib ... Читать далее
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Україна Онлайн · 864 days ago 0 499
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