The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). The NBD will support public or private projects through loans, guarantees, equity participation a...
In today's world, the development gap between the North and South remains significant. China, as the world's largest developing country and a natural member of the Global South, is promoting the common prosperity of Global South countries through concrete cooperation schemes and actions. Economic...
Twitter Google Share on Facebook economy (redirected fromMinister of Economy) Thesaurus Medical Financial Acronyms Encyclopedia e·con·o·my (ĭ-kŏn′ə-mē) n.pl.e·con·o·mies 1. a.Careful, thrifty management of resources, such as money, materials, or labor:learned to practice econo...
Africa Western Europeans had almost forgotten such poverty, but many Africans had not. A dozen countries there had an average per capita gdp of less than $1,000. One of them was Tanzania. Forty years after independence and 10 miles inland from Lake Malawi, the villagers in 242 Developing ...
Digital Realty’s role in Africa’s digital economy With rich resources like a growing physical infrastructure and subsea cable network, Africa is uniquely positioned to emerge as a leader among today’s developing economies. A key factor in this potential is improving the internet connection in ...
The economy of South Africa is beset by poverty and inequality, considerable unemployment, carbon-intensive, water insecurity and slow GDP growth. Furthermore, the COVID-19 epidemic has caused the economic crisis to worsen further and emphasizes the need for a new development strategy to spur ...
The basic tendency of the CSR movement in liberal capitalist culture is to extend the contract, the typical instrument of the market, into the company; this is the basic idea of those today who see the company as a multi-stakeholder liberal society arising from a Rawlsian social contract under...
In 1994 South Africa was politically transformed from an oligarchy into a democracy. How has this momentous change affected the framework of economic policy? This paper approaches the question via the virulent unemployment that is South Africa's most serious economic problem today. The apparent ...
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Indonesia was often mentioned as an appropriate candidate to be included in the BRIC countries (Brazil, Russia, India and China). Another set of emerging economies - grouped under the acronym CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) - also gained attention as its ...