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The Promise of Small and Medium Enterprises


The world is experiencing significant transformations in its
geo-political and economic constitution. The processes of transformation
have accelerated over the last decades. A signifi cant part of
the growth potential of the world economy nowadays and for the
coming decades resides in some fast-developing countries. Brazil,
Russia, India, China, and South Africa (BRICS) have displayed such
potential for dynamic change. In a historic rupture with past patterns
of development, the BRICS countries are now playing a major role in
alleviating the current global crisis whilst revealing new and alternative
progressive paradigms.
Much beyond the emphasis given by international agencies to the
identifi cation of investment possibilities in the BRICS production
structures or to the prospects presented by their consumer markets,
our perspective in analysing the BRICS countries is inspired by their
signifi cant development opportunities, as well as their several common
characteristics and challenges, and the learning potential they
offer for other developing countries. Identifying and analysing these
opportunities and challenges will help to uncover alternative pathways
towards fulfi lling their socio-political-economic development
potential within the constraints of sustainability
1st Edition
978-0-415-71036-7
NONE
The Promise of Small and Medium Enterprises
Management
English
International Development Research Centre
2014
Canada
1-315
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