Emerging Economies and the Transformation of International Business

Edited by Subhash C. Jain

in Books from Edward Elgar Publishing

Abstract: 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.

Keywords: Business and Management (search for similar items in EconPapers)
JEL-codes: M4 (search for similar items in EconPapers)
Date: 2006
ISBN: 9781845425975
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Chapters in this book:

Ch 1 Dreaming With BRICs: The Path to 2050

Dominic Wilson and Roopa Purushothaman

Ch 2 BRIC Economies: Earlier Growth Constraints, Contemporary Transformations and Future Potential, and Key Challenges

Ben L. Kedia, Somnath Lahiri and Debmalya Mukherjee

Ch 3 Economic Growth with the Advent of International Economic Law: Implications for Emerging Economies

Linda Yueh

Ch 4 Global Strategies of Brazilian Firms in an Era of Economic Liberalization

Preet S. Aulakh

Ch 5 Corporate Governance and Business Strategies in Russia

Igor Filatotchev

Ch 6 Acquisitions in BRIC Economies: The Case of India

Prashant Kale

Ch 7 Development Prospects of China’s Industries

Zhiwu Chen

Ch 8 International Business Strategies in Brazil

Robert Grosse

Ch 9 The Tortuous Trail Toward Corporate Governance in Russia

Daniel J. McCarthy and Sheila M. Puffer

Ch 10 Strategic Evolution and Partnering in the Indian Pharmaceutical Industry

Ravi Sarathy

Ch 11 Transitions in Innovation: Musings on the Propensity and Factors Towards Proactive Innovation in China

William H.A. Johnson

Ch 12 The Future Shape of World Exports to the BRIC Countries

Stephen Coelen

Ch 13 The International Joint Venture Performance of American Firms: A Comparative Analysis of Emerging Markets and Non-Emerging Markets

Hemant Merchant

Ch 14 Inward and Outward FDI and the BRICs

Karl P. Sauvant

Ch 15 Negotiating in BRICs: Business as Usual Isn’t

Camille P. Schuster

Ch 16 The Impact of Coercion on Protecting US Intellectual Property Rights in the BRIC Economies

Robert C. Bird

Ch 17 Corruption in Large Developing Economies: The Case of Brazil, Russia, India and China

Mohsin Habib and Leon Zurawicki

Ch 18 BRICs: Geopolitical and Economic Challenges for the US

Subhash C. Jain

Ch 19 Peaks and Pits with the BRICs: Accommodations with the West

Jack N. Behrman

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