... positive discrimination.
The program Broad-Based Black Economic Empowerment is an integrated socio-economic strategy of the South African government that is designed to overcome the negative consequences of apartheid through achieving racial balance in the economy and providing economic privileges to blacks, Indians and Chinese oppressed under the previous segregationist regime. Adopted in 2003,
the BBBEE Act
contains a set of requirements for companies operating in the South African market.
Key BBBEE ...
... 20th century entailed the reevaluation of the role different factors play in economic growth. Natural resources ceased to be regarded as a significant prerequisite for economic development, due to the emergence of service industries and the virtual economy. Furthermore, the idea that natural riches could even hinder economic development gained ground.
It is now becoming increasingly clear that the conclusions drawn about natural resources’ secondary role were somewhat hasty. There is every ...
... appropriate to conclude that Russia and Georgia have retained trade links only in those commodity groups (gas, oil, electricity and cereals) that are key to national security and that, if largely discontinued, could have serious negative implications for the economy.
Russian Export to Georgia by Commodity
[20]
Investment Cooperation between Russia and Georgia
There is a similar situation occurring in capital markets. Russian companies have been fairly successful on the Georgian market but the proportion ...
... impact the foundations of energy cooperation.
RIA Novosti
The second track, which is less evident but more comprehensive in scope, is the global, latent change in zones of economic influence. The world has reached its historic peak in terms of the market economy’s territorial distribution, but development models are becoming increasingly polar. Therefore, the need to build a new world order and a new system of international relations that politicians, businessmen, diplomats and experts have anticipated ...
Interview with Vladimir Mazyrin
Interview
Vietnam’s economy today is in transition. Its economic policy choices being are defined by a desire to embrace innovation as well as by the need to address a whole range of complex, structural problems. Vietnam’s current situation and prospects for the future ...
Interview with Irina Timonina
Interview
One year has passed since Prime Minister Shinzo Abe took up his new economic policy, already labeled Abenomics, which was meant to make a landmark along the path to the revival of Japan's economy. We asked
Irina Timonina
, Doctor of Economics, Dean of International Relations Department at Institute for Business and Business Administration of Presidential Academy of Economy and Business Administration and Professor at MSU Institute for ...
... imports of Chinese products has become extremely acute, as national manufacturers are being forced out of the local market. The Government of Brazil has developed the “
Brazil Maior
” plan for 19 strategic sectors of the country’s economy. The plan includes trade protection measures: tax allowances, preferences in allocating government procurement contracts, soft lending conditions, etc. What are the benefits of the new economic line pursued by Brazil and how will it affect BRICS ...
... untapped potential in terms of economic cooperation between the two countries. The issue on the agenda is improving the business cooperation model in order to enhance the dynamics and stability of reciprocal flows of goods and services.
Mexico’s Economy: Overview
The main thing to bear in mind, when looking at the potential dividends from Russia’s economic cooperation with Mexico, is the country’s changing economic image. Alongside Brazil and Argentina, Mexico is one of Latin America’s ...
Barriers to Growth
By mid-2013, the British economy could not completely overcome the aftermath of the financial and economic crisis. Under these circumstances, the government, while continuing to pursue a policy of financial stabilization, has applied extra efforts to stimulate economic growth....
... future trend is on the upward curve. Interestingly, turnover began growing during the 2008-2009 crisis when Russian overall foreign trade was on the decline, but not with France.
Photo:
Arnaud Dubien
France is the third largest investor in Russian economy. Which sectors are most attractive for French capital and which lag behind?
For starters, I should make it clear that in 2011 and 2012, France was the third largest provider of FDI in Russia, but through offshore investments, which in essence ...
