Suchergebnisse

"Despite the impressive economic growth achieved by the BRICS, as discussed earlier ('Growth factors and policy challenges'), each state in this group is marked by deficiencies in policy performance, some of which are common to all, some of which are country-specific. These deficiencies constitute major challenges to be addressed by these states' governments if they are to yield long-term gains from this economic growth. The questions posed by this study include: What are the prospects for each state of closing the gap on these shortcomings? Which among them are most (or least) likely to steer the course of development in a sustainable manner and implement effective policy change?" (contract)