INTERNATIONAL MANAGEMENT CHALLENGES

Critically assess the international management challenges faced by the mangers of BRIC countries

Critically assess the international management challenges faced by the mangers of BRIC countries

Introduction

Acronym BRIC - Brazil, Russia, India and China is increasingly heard from the lips of politicians and the media, reflecting the emergence of some new global reality. With the end of the cold war appeared preconditions for genuine equality of States. The freedom to choose their models of development and sizes of its involvement in international affairs. However, the new world order, which many said, did not take place. His task was to create a moment replaced by the desire to extend the system of Western institutions in the world. Perhaps this was a certain logic, but the results it is clear that such an idea simply did not work.

Discussion

Sharply increases the demand for a multilateral, including a flexible network, diplomacy, and the collective leadership of major states of the world in solving urgent problems and dealing with common to all the threats and challenges. Recent events, including the August 2008 crisis in the Caucasus and the turmoil in the global economy and finance, have only confirmed the inability to monopolize global governance and to decide all questions of a single center.

In a world, increasingly aware of the need international relations, the formation of a positive agenda, strengthening the legal foundations of universal life. Significant contribution to these objectives designed to introduce modernist centers of economic growth and political influence, which by right are Brazil, Russia, India and China. Very fact of their development, these four countries, are already having a stabilizing effect on the state of affairs in the world. In the United States and the European Union is a growing realization that the world is changing and the West are less likely to provide a comprehensive regulation.

Multipolarity - is a global reality that emerges. It provides enormous opportunities, but it represents a enormous challenge and for all participants in international relations, especially for those states that claim the right to be centers of a multipolar system.

Trends described by various analysts. Goldman Sachs states in his report of revisions made in 2007, India has potential for growth than the other BRIC countries in the next three decades. Even so, China could overtake the U.S. as early as 2027. Some economists suggest that Russia should not join the acronym. Still others that Brazil, given the inefficiency of some investments, loses power before the other economies.

The shy investment in R & D is in the opinion of the president of the Foundation for Research Support of Sao Paulo (FAPESP). Professor Carlos Henrique de Brito Cruz, an issue that Brazil should watch carefully, looking for more agility. The country's annual effort in R & D since 2000, is in the range of 1% of GDP, he says. This equates, to the percentage of Russia in 2007, while China and India recorded 1.5%, 0.6%. These statistics produced by the Organization for Economic Cooperation and Development ...