International recession and MINTs development: An investment opportunity to relaunch Italian companies?



Rok publikování 2014
Druh Článek ve sborníku
Konference The Proceedings of 10th International Strategic Management Conference
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Obor Řízení, správa a administrativa
Klíčová slova BRICS MINTs Business Climate Strategies Entrepreneurship Globalization
Popis In a strongly globalized world, characterized by high dynamism and turbulence, many economies including the Italian one are trying to get over the deep international crisis that unfortunately did not spare the Euro area, whose solidity is, therefore, seriously endangered. Nevertheless, it was noted that within the international economic environment, in the recent past, some economies, notably the BRICS countries’ (Brazil, Russia, India, China and South Africa) have recorded, over the last decade, significant growth in terms of GDP, thus contrasting the current trend and making up for several positions in the world rankings that measure the development of economies. Lately, however, the drive behind these economies is slowing as well, while there is evidence of the emergence of new countries on the international scene, whose development seemed inconceivable a few years ago, namely that of the countries covered by the MINT acronym (Mexico, Indonesia, Nigeria, Turkey). The present work aims at investigating these new emerging economies, in order to understand first of all, if they can somehow retrace the route taken by the BRICS . Secondly, once identified the pluses of the MINT countries, it would be convenient to understand whether these countries may share any common points and thus represent a new model of economic development. In this case, such a model could be implemented in some way, at least in some respects, in the government policies of the major countries under recession, while the opening up to foreign investment in these countries could represent a fortunate chance for those companies, in this case the Italian ones, that are currently looking at international relocation as the only weapon at their disposal to ensure their own survival.

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