Changing role of BRIC countries in technology-driven international division of labor

Abstract

In contemporary international division of labor the importance of ICT technologies and social capital is increasing, and allows the economy to be more competitive due to arising many connections to the global information networks. The major goal of this article was analyzing (mostly in descriptive manner) and comparing the recent trends in GDP growth and its composition and international trade of high-technology manufactures and services for developed and BRIC countries. The results of conducted statistical data analysis justify the conclusion that some developing economies, especially China and India, are in fact gaining on importance in international trade of high-tech products and knowledge-intensive business services, even having become more effective competitors to the post-industrial economies in so-called creative industries. Such an outcome has been caused mostly by foreign direct investments flowed in during two last decades, but also was conditioned by social and educational policy leading to development of networked human capital.

Urbanization and Sustainability: Comparison of the Processes in “BIC” Countries

“…These countries with large geographic and demographic sizes and high economic potential have experienced unprecedented boom in socio-economic development and have occupied increasingly relevant positions in the world economy. However, a series of essential problems in this course, such as increasing socio-economic discrepancies between rural and urban areas as well as air, aquatic, and terrestrial pollution, cannot be disregarded [23]. Distinguishable development trajectories provide characteristic references for exploring the sustainable urbanization pathways.…”

Technological forecasting as a prerequisite for successful country specialisation

“…International specialisation and technological development. Works on the peculiarities of country/region specialisation, the ones, for example, written by M. Gryczka (2010) [8], J. Hardy (2007) [9], J. Simonen, R. Svento and A. Juutinen (2015) [17], differ in research perspectives, howe ver all the authors mentioned above have common interest in the innovation-based and hi-tech industries as engines of national economic development increasing competitiveness on the global market.…”

How to improve total factor energy efficiency under climate change: does export sophistication matter?

“…When the contracting country develops to a certain stage, it can be outsourced to other countries with relatively backward economy. With the gradual deepening of international division of labor in the world, countries have continuously integrated into the role of the international division of labor (Gryczka 2010). China's early opening-up mainly produced resource-consuming products with low added value and relied on huge output to obtain income.…”