The BRICS' impacts on local economic development in the Global South: the cases of a tourism town and two mining provinces in Zambia

Research on how emerging economies affect other areas of the Global South has flourished in the past decade, and it is now well established that this impact occurs through a variety of channels, but knowledge of local developmental effects is scant. This article seeks to open up this black box by sc...

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Bibliographic Details
Published in:Area development and policy Vol. 1; no. 2; pp. 218 - 237
Main Authors: Kragelund, Peter, Carmody, Pádraig
Format: Journal Article
Language:English
Published: Routledge 03.08.2016
Subjects:
Africa
BRICS
Foreign direct investment
inversión directa extranjera
minería
Mining
Tourism
turismo
Zambia
África
Африка
БРИКС
горнодобывающая промышленность
Замбия
прямые иностранные инвестиции
туризм
外国直接投资
旅游业
矿业
赞比亚
金砖国家
非洲
ISSN:2379-2949, 2379-2957
Online Access:Get full text
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Summary:Research on how emerging economies affect other areas of the Global South has flourished in the past decade, and it is now well established that this impact occurs through a variety of channels, but knowledge of local developmental effects is scant. This article seeks to open up this black box by scrutinizing the effects of investments by the BRICS in a tourism town and two mining areas in Zambia. Recently, investments by the BRICS have been heralded as a key driver of structural transformation in the rest of the Global South; however, the lack of linkages and spillovers from BRICS actors to the local economy, in the Zambian case at least, leads instead to continued technological and economic dependence and consequent economic narrowing.
ISSN:2379-2949
2379-2957
DOI:10.1080/23792949.2016.1188665