Abstract
By the middle of 2012, more than 3 years have passed since the outbreak of 2008 global financial crisis. Although some countries in the European Union are still in deep financial troubles, it is time to reflect what happened during the past few years and what can be learned from this crisis for future coping strategies.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Aris B (2011) Russia 2011–2014. Johnson’s Russia List. Retrieved from http://www.cdi.org/russia/johnson/russia-economy-forecast-feb-447.cfm
Arnoldy B (2011) Why India could feel the global financial aftershocks this time. The Christian Science Monitor. Retrieved from http://www.csmonitor.com/World/Asia-South-Central/2011/0808/Why-India-could-feel-the-global-financial-aftershocks-this-time
Aslund A, Bogetic Z, Sutela P, Carothers T (2010) Russia’s response to the financial crisis. Carnegie Endowment for International Peace. Retrieved from http://carnegieendowment.org/2010/05/04/russia-s-response-to-financial-crisis/2kc
Assubuji P, Luckscheiter J, Ben-Zeev K (eds) (2009) The global economic crisis and South Africa. Perspectives, #3.09, Political Analysis and Commentary from Southern Africa. Retrieved from http://www.boell.org.za/downloads/Perspectives_3-09.pdf
Bajpai N (2010a) Global financial crisis, its impact on India and the policy response. Retrieved from http://pdffinder.net/Global-Financial-Crisis,-its-Impact-on-India-and-the-Policy-Response.html
Blignaut J (2009) South Africa and sustainable development: a reflection. In: Assubuji P, Luckscheiter J, Ben-Zeev K (eds) Perspectives, #3.09. Retrieved from http://www.boell.org.za/downloads/Perspectives_3-09.pdf
Bogetic Z (2010). Russia: reform after the great recession, International economic Bulletin. Carnegie Endowment for International Peace. Retrieved from http://carnegieendowment.org/2010/03/30/russia%2Dreform%2Dafter%2Dgreat%2Drecession/3g1v
Business in Asia (2012) India’s free trade agreement with ASEAN: India’s first major multilateral FTA, Business in Asia. Retrieved from http://www.business-in-asia.com/asia/india_fta.html in July 2012
Changmock S (2010). Recent economic trend in Korea. SERI Quarterly. Retrieved from http://periodicals.faqs.org/201010/2165371651.html
Debroy B (2010) India country report. In: Bertelsmann Stiftung (ed) Managing the crisis. A comparative assessment of economic governance in 14 economies. Bertelsmann Stiftung, Gütersloh
Devan J, Negri S, Woetzel JR (2008) Meeting the challenges of China’s growing cities, Mckinsey Quarterly. Retrieved from https://www.mckinseyquarterly.com/Economic_Studies/Country_Reports/Meeting_the_challenges_of_Chinas_growing_cities_2152
Dlamini T (2010) South Africa country report. In: Bertelsmann Stiftung (ed) Managing the crisis. A comparative assessment of economic governance in 14 economies. Bertelsmann Stiftung, Gütersloh, 2010. Retrieved from http://www.bertelsmann-transformation-index.de/pdf/South_Africa.pdf
Dmitriev M, Aslund A, Kuchins A, Charap S (2008) Russian economic goals to 2020: Dreams or reality? A CSIS project. Retrieved from http://csis.org/images/stories/Russia%20and%20Eurasia/080829_ruseura_sumdmitrievaslund.pdf
Dobb R, Sankhe S, Vittal I (2010) India’s high-stakes urban challenge. McKinsey Quarterly
Draper P, Freytag A, Voll S (2009) Global financial crisis, protectionism and current account deficit: South Africa on the brink? Working paper No. 8 Global Financial Markets, University Jena and University Halle. Retrieved from http://pubdb.wiwi.uni-jena.de/pdf/wp_hlj08-2009.pdf
Eghbal M (2008) BRIC economies withstand global financial crisis. Retrieved from http://blog.euromonitor.com/2008/11/bric-economies-withstand-global-financial-crisis.html
Fakir S (2009) Caught between a rock and hard place: the state of play for South Africa’s beleaguered development state. In: Assubuji P, Luckscheiter J, Ben-Zeev K (ed) Perspectives, #3.09. Retrieved from http://www.boell.org.za/downloads/Perspectives_3-09.pdf
Fleet JD (2010) Can China manage its economy? The Diplomat. Retrieved from http://the-diplomat.com/2010/01/21/can-china-manage-its-economy/
Frye I (2009) Responses and alternatives: South Africa’s response to the crisis. In: Assubuji P, Luckscheiter J, Ben-Zeev K (ed) Perspectives, #3.09. Retrieved from http://www.boell.org.za/downloads/Perspectives_3-09.pdf
Gurria A (2009) Recent reforms strengthening Brazil’s resilience to economic crisis. Retrieved from http://www.oecd.org/document/44/0,3746,fr_21571361_44315115_43294124_1_1_1_1,00.html
Gurria A (2010) Economic survey of South Africa 2010. OECD. Retrieved from http://www.oecd.org/document/21/0,3746,en_2649_34571_45637781_1_1_1_1,00.html
Gurria A (2011) Economic survey of India 2011. Retrieved from http://www.oecd.org/document/36/0,3746,en_2649_33733_48079140_1_1_1_1,00.html
Heilmann S, Schmidt D (2010) China country report. In: Bertelsmann Stiftung (ed) Managing the crisis. A comparative assessment of economic governance in 14 economies. Bertelsmann Stiftung, Gütersloh. Retrieved from http://www.bertelsmann-transformation-index.de/pdf/China.pdf
Herd R, Conway P, Hill S, Koen V, Chalaux T (2011a) Can India achieve double-digit growth? OECD Economics Department Working Papers, No. 883
Kim HW (2010a) Macroeconomic policies of Korea to cope with the crisis. EWC/KDI Conference, Honolulu, Hawaii, 19–20 August 2010. Retrieved from http://www.ssc.wisc.edu/∼mchinn/08Kim-Aug2010.pdf
Kim JY (2010c) 2011: year of economic challenges. Korea Times. Retrieved from http://www.koreatimes.co.kr/www/news/biz/2010/12/123_78986.html
Lin CYY (2011) Leveraging intellectual capital for future competitiveness in Finland, Presentation at Tekes, Helsinki on November 10, 2011
Lopez L (2011) Brazil sees BRICs rising, euro zone default change. Reuters. Retrieved from http://www.reuters.com/article/2011/09/21/brazil-economy-financeministry-idUSS1E78K07T20110921
Masaki H (2010) Japan, India reach free trade agreement, The Journal of Commerce. Retrieved from http://www.joc.com/government-regulation/japan-india-reach-free-trade-agreement
Michener G (2011) Brazil’s economic outlook a mixed bag. Latin America Monitor. Retrieved from http://www.csmonitor.com/World/Americas/Latin-America-Monitor/2011/0728/Brazil-s-economic-outlook-a-mixed-bag
Nanto DK (2009) The global financial crisis: analysis and policy implications. CRS Report for Congress, Congressional Research Service 7-5700, RL34742
OECD (2008) Economic survey of Korea 2008: priorities for macroeconomic policy. Retrieved from http://www.oecd.org/document/39/0,3746,en_2649_34577_41832743_1_1_1_1,00.html
OECD (2010) Economic survey of Korea 2010. Retrieved from http://www.oecd.org/document/24/0,3746,en_2649_34569_45393816_1_1_1_1,00.html
Palmieri DA (2012) Russia and the global economic crisis. ICOSA Connection and Collaboration. Retrieved from http://www.theicosamagazine.com/russia-and-the-global in January 2012
Pascha W (2010) South Korea country report. In: Bertelsmann Stiftung (ed) Managing the crisis. A comparative assessment of economic governance in 14 economies. Bertelsmann Stiftung, Gütersloh
Pierson D (2011) Inflation remains a worry in China. Los Angeles Times. Retrieved from http://articles.latimes.com/2011/oct/15/business/la-fi-china-inflation-20111015
Ratnayake K (2008) International financial crisis exposes vulnerability of Indian economy. Retrieved from http://www.wsws.org/articles/2008/oct2008/indi-o13.shtml
Reuters (2012) Russia to become WTO’s 156th member on August 22, Reuters. Retrieved from http://news.yahoo.com/russia-become-wtos-156th-member-aug-22-135121653.html
Seo E (2011) South Korea’s biggest economic challenge is inflation, Kim says. Bloomberg. Retrieved from http://www.bloomberg.com/news/2011-03-16/south-korea-s-biggest-economic-challenge-is-inflation-kim-says.html
Smit W (2011) Are you a Tata or a Birla? A study on India’s best brands for the world. Retrieved from http://www.imd.org/research/challenges/TC051-11.cfm/?MRK_CMPG_SOURCE=webletter-sep-11&wt.mc_id=webletter-sep-11&utm_source=DM&utm_medium=em&utm_campaign=webletter-sep-11obr
Stedman L, Cunico JB (2007) Competitiveness: Korea’s latest economic challenge. Korea Economic Institute of America. Retrieved from http://www.keia.org/sites/default/files/publications/december%2007.pdf
TDS, Travel Document Systems (2012) Brazil economy. Retrieved from http://www.traveldocs.com/br/economy.htm
Tharoor S (2010) How India survived the financial crisis. Retrieved from http://www.project-syndicate.org/commentary/tharoor23/English
Thessaloniki (2011) Russia: country strategy 2011–2014. Black Sea Trade and Development Bank. Retrieved from http://www.bstdb.org/about-us/key-documents/Country_Strategy_2011-2014_Russia.pdf
United Nations (2009) Global financial crisis and monetary policy response: experience of India. United Nations economic and social commission for Asia and the Pacific, Regional High-Level Workshop on “Strengthening the response to the global financial crisis in Asia-Pacific”, 27–30 July 2009
United Nations (2010) Creative economy report 2010, United Nations. Retrieved from http://unctad.org/en/docs/ditctab20103_en.pdf
Wang G (2010) Bright prospects for BRIC, Xinhua Net. Retrieved from http://news.xinhuanet.com/english2010/indepth/2010-04/15/c_13252144.htm
Yoon DR (2011) The Korean economic adjustment to the world financial crisis. Asian Econ Papers 10(1):106–127. Retrieved from http://www.mitpressjournals.org/doi/pdf/10.1162/ASEP_a_00058
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2013 The Author(s)
About this chapter
Cite this chapter
Lin, C.YY., Edvinsson, L., Chen, J., Beding, T. (2013). Future Perspectives and Policy Implications. In: National Intellectual Capital and the Financial Crisis in Brazil, Russia, India, China, Korea, and South Africa. SpringerBriefs in Economics, vol 18. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-6089-3_5
Download citation
DOI: https://doi.org/10.1007/978-1-4614-6089-3_5
Published:
Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4614-6088-6
Online ISBN: 978-1-4614-6089-3
eBook Packages: Business and EconomicsEconomics and Finance (R0)