Emerging economies and the transformation of international business : Brazil, Russia, India and China (BRICs)

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Bibliographic Information

Emerging economies and the transformation of international business : Brazil, Russia, India and China (BRICs)

edited by Subhash C. Jain

（New horizons in international business）

Edward Elgar, c2006

Available at  / 18 libraries

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Includes bibliographical references and index

Description and Table of Contents

Description

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. This enlightening study will be of great interest to students and scholars of international business. Executives of large companies will find it of great practical use when planning their organization's future strategies.

Table of Contents

Contents: Foreword Preface PART I: INTRODUCTION 1. Dreaming With BRICs: The Path to 2050 Dominic Wilson and Roopa Purushothaman 2. BRIC Economies: Earlier Growth Constraints, Contemporary Transformations and Future Potential, and Key Challenges Ben L. Kedia, Somnath Lahiri and Debmalya Mukherjee PART II: MARKET OPPORTUNITY 3. Economic Growth with the Advent of International Economic Law: Implications for Emerging Economies Linda Yueh 4. Global Strategies of Brazilian Firms in an Era of Economic Liberalization Preet S. Aulakh 5. Corporate Governance and Business Strategies in Russia Igor Filatotchev 6. Acquisitions in BRIC Economies: The Case of India Prashant Kale 7. Development Prospects of China's Industries Zhiwu Chen PART III: STRATEGIC DIRECTION 8. International Business Strategies in Brazil Robert Grosse 9. The Tortuous Trail Toward Corporate Governance in Russia Daniel J. McCarthy and Sheila M. Puffer 10. Strategic Evolution and Partnering in the Indian Pharmaceutical Industry Ravi Sarathy 11. Transitions in Innovation: Musings on the Propensity and Factors Towards Proactive Innovation in China William H.A. Johnson PART IV: ENTRY ALTERNATIVES 12. The Future Shape of World Exports to the BRIC Countries Stephen Coelen 13. The International Joint Venture Performance of American Firms: A Comparative Analysis of Emerging Markets and Non-Emerging Markets Hemant Merchant 14. Inward and Outward FDI and the BRICs Karl P. Sauvant 15. Negotiating in BRICs: Business as Usual Isn't Camille P. Schuster PART V: CHALLENGES AND OBSTACLES 16. The Impact of Coercion on Protecting US Intellectual Property Rights in the BRIC Economies Robert C. Bird 17. Corruption in Large Developing Economies: The Case of Brazil, Russia, India and China Mohsin Habib and Leon Zurawicki 18. BRICs: Geopolitical and Economic Challenges for the US Subhash C. Jain PART VI: CONCLUSION 19. Peaks and Pits with the BRICs: Accommodations with the West Jack N. Behrman Index

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