Premium
The Indian surge into South Africa and Brazil: The economic opportunity triad
Author(s) -
Gouvea Raul,
Kapelianis Dimitri,
Padovani Fernando
Publication year - 2021
Publication title -
thunderbird international business review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.553
H-Index - 37
eISSN - 1520-6874
pISSN - 1096-4762
DOI - 10.1002/tie.22202
Subject(s) - politics , foreign direct investment , investment (military) , development economics , political science , economic growth , economy , economics , law
In the past two decades, Brazil, South Africa, and India have designed closer economic and political ties. Since the early 2000s, India has become an important economic and political partner for both Brazil and South Africa. International trade and foreign direct investment amongst them have expanded considerably, and closer political ties have evolved over the past two decades. This article elaborates on the increasing economic interdependence between India, Brazil and South Africa, addressing challenges, opportunities, and synergies between the three countries and their multinationals.