BRICS Business Magazine English Edition No.2(23)
Pessimists have warned mankind about the threats of segregation and dehumanization that technology carries with it since the Second World War. The strength of ‘Society 5.0’ is evident in its name: this concept and development strategy is not going to separate the economy from people. Developed in, and for, Japan, it relies on human capital, and now, not least because of its successful name, almost every country has tried this model’s set of ideas. It is not only about the proverbial competitiveness, productivity and efficiency, but also about solving social problems and improving the quality of life. And the result of such a widespread penetration of technology will be a new cultural system.
It is safe to say that such a restructuring of the economy and society will transform private life, but it is very difficult to predict what the informal logic of human interaction will look like. Despite the humanistic pathos of such ideas, we must be prepared for unintended consequences. The bridges on Long Island once reduced the horizon of possibility for many people. In the notional tomorrow, the difference in the pace of development can block access to modernity for entire countries. This will not sound too peremptory if we consider not just the quantitative but also the qualitative aspects of the lag. There are no universal solutions, but we can give one piece of advice to ourselves and to anyone else who might need it. A society that wants to get closer to ‘5.0’ needs to make a long-term investment and reconfigure its national education system, otherwise, in 30 years’ time, the cultural rationale of outsiders will finally stop lining up with the rationale of the leaders. And here I specifically say ‘society’, not ‘state’, because in the XXI century the decisions made in the highest offices are less meaningful than the sum of private initiatives.
The first steps taken by the new Kazakhstan government have a great significance for this strategically important country situated in the very heart of the Eurasian continent. The most vital issue currently facing the country and its main foreign partners is proceeding with the policy of modernization, which turned the country into an economic and political leader of Central Eurasia under President Nursultan Nazarbayev.Person
Given its very high ratings, the Bharatiya Janata Party’s victory in the 2014 general election was rather predictable — and still it caused a sensation: The BJP managed to win as many as 282 seats in the 543-seat Lok Sabha, the lower house of the bicameral Indian parliament, and virtually become the sole political leader in the ‘world’s largest democracy’. Compare this with the 159 seats that the BJP, also known as the Saffron Party, ended up with after the previous vote in 2009. The dramatic improvement was attributed by many to the charisma of leader Narendra Modi, who took over as prime minister. Now, the self-proclaimed chowkidar, or watchman, looks back at what was done during his first term in office. Expert views are mixed, with some considering it very successful and others expressing doubts.Focus
Ensuring the proactive technological modernization of the economy and comprehensive development of the country based on cutting-edge technologies is a priority task, with objectives formulated within a framework of 12 national projects implemented by the government at President Putin’s instruction. The state corporation Rostec is to become a key provider for each of these projects.Technology
Central Asia is both a partner and a trade gateway for China and Europe. It is located on two branches of the New Silk Road. Despite criticism, China is the most involved in the development of Central Asian corridors. This deployment is not obvious given the competition from other routes and poor regional cooperation. While Russian influence remains significant through expatriate remittances, its military bases, and culture, it is being supplanted by China in economic matters.Focus
In little more than three years, Argentine President Mauricio Macri’s government has already signed two agreements with the International Monetary Fund. And recent developments suggest that the country’s long and troubled history with the Fund may be about to repeat itself.Opinion
For too long, multinational corporations – and digital firms in particular – have used existing rules to avoid paying taxes in countries where they do much of their business. But recent encouraging signs suggest that the idea of a global corporate tax on these companies’ profits is gaining traction.Opinion
After decades of globalization, there are more conflicts and disputes spanning multiple jurisdictions than ever before, and they will not be resolved by paying lip service to our shared humanity. The international community needs a new compact of agreed rules, formalized in writing, and enforceable by a designated third party.Opinion
As Israeli politics has shifted rightward, assumptions that underpinned a half-century of Middle East policy have been invalidated. It is time for a paradigm shift in how we think about the Middle East, not because a better diplomatic model has presented itself (it has not), but because the current paradigm is increasingly at odds with reality.Opinion
How do you write about a book that is almost 600 pages long (in small print), has 25 pages of references, and the ambition to explain political institutions from the dawn of mankind to the French Revolution, from kinship-based bands of hunters to Voltaire? This was Francis Fukuyama’s objective in this monumental (yet eminently readable) book, “The Origins of Political Order”.Book
In Russia, Alpina Publisher unveils Paul Hague’s Business Models Handbook: Templates, theory and case studies as an ultimate guide. But instead of reading it cover to cover, you may well opt to skim through this collection of tools and find the one that’s right for you — few works can claim to be as neat and to the point in describing management principles and approaches to market analysis and business strategy. BRICS Business Magazine invites you to read two excerpts and see it for yourself.Book