BRICS Business Magazine English Issue #1(25) 2020
About BRICS Business Magazine
BRICS Business Magazine is a bookazine
a book-like magazine – addressed to global investors, businessmen, politicians, and experts.
A business and humanitarian
publication on rapid-growth markets, it is issued four times a year and
explains how to understand others.
The goal of this project is to organize a direct information exchange between the BRICS countries and other emerging markets.
We define a bookazine as a thick magazine with complex printing which is designed for slow reading and filled not in accordance with a constant set of sections, but rather in accordance with the topics chosen. Our bookazine includes (with occasional exceptions) three main kinds of data:
- essays and columns that would fit into “Opinions” or “Recommendations” sections
- indices, ratings, and rankings
- business cases
Industry and event projects as well as investment guides are featured as special add-ons.
One of the biggest questions of the digital era is whether the fruits of the technological development will help to solve the world’s biggest socio-economic problem – the one of unacceptable inequality of distribution of wealth. Or, on contrary, will they lead to a new version of Marxian gloomy prophecy of “rich get richer, and the poor get poorer”? The problem became to be known in late 1990s as the ‘digital divide’, the disparity in economics and social opportunities created by the lack of access to modern technology by certain social groups, regions or nations.
Talking about the achievements of the Russian nanoindustry, the head of RUSNANO, Anatoly Chubais, likes to build his speech around the formula ‘previously there was no, but now there is’. He claims that the industry has met the expectations, and RUSNANO itself has been turned into a self-financing tool for the reproduction of innovations, capable of doubling the number of new high-tech enterprises about once every 10 years.Innovations
AS HE ENDEAVOURS TO BUILD A MOST EXCEPTIONAL AND EFFICIENT COMPANY, HEAD OF PHOSAGRO ANDREY GURYEV HAS COMPLETE FAITH IN RUSSIA'S BRIGHT FUTURE AS AN AGRICULTURAL SUPERPOWER THAT WILL FEED THE ENTIRE WORLD WITH WHOLEFOOD. ON HIS PART, HE IS KEEN TO GIVE EVERY FRUIT OF THE EARTH THE NUTRITION IT NEEDS.
Digital transformation is a global megatrend that Russia takes part in along with other leading countries. Enterprises of Rostec state corporation are leaders in a number of priority breakthrough areas. Among them are the digitalization of urban economy, transportation, ‘digital factories’, and cyber threat protection systems.
While the world economic growth is gradually slowing down, new emerging markets evolve on the map, Africa is one of the fastest growing spots representing unprecedented number of business opportunities. As for now six of 10 fastest growing economies are African countries with Gnana, Ethiopia and Côte d’Ivoire being the leading performers; the continent’s average growth rate is estimated at 3.2% comparing with world’s 3% this year, and according to the IMF forecasts, Africa average growth rate will continue rising up to 4.2% by 2024.
Africa has seen a bevy of political events in recent months. After the deterioration of the security situation in the Sahel, as well as the forced departures of historical leaders from Algeria and Sudan via the streets, where will the political risks manifest in the second half of the year? Using its quantitative political risk model, Coface intends to identify – beyond the pace dictated by current events – recent political risk trends and thus the countries to be monitored.
Numerous forces are changing the labour market dramatically. In this fast-paced ever-changing environment self-employment and gig economy are fast on the rise, meaning that having a successful entrepreneurial workforce will make for a more economically stable society. Yet, there is still a vast disparity between Western powers and the developing world. The 2018 Global Entrepreneurship Index (GEI) ranked the USA and UK as 1st and 4th, respectfully, whereas the BRICS countries ranked below 40, with Brazil at the bottom (98th).Opinion