Evolving Partnerships: Assessing BRICS’ Strategic Role in Africa’s Socio Economic Development | ||
| المجلة العلمية للبحوث والدراسات التجارية | ||
| Volume 38, Issue 3, September 2024, Pages 1637-1702 PDF (1.39 M) | ||
| Document Type: المقالة الأصلية | ||
| DOI: 10.21608/sjrbs.2024.308196.1738 | ||
| Authors | ||
| ياسمين الجزار* 1; يوسف سنوسي2 | ||
| 1Canadian International Collage | ||
| 2Sadat Academy, | ||
| Abstract | ||
| This paper explores the intricate dynamics of BRICS nations' investment strategies in Africa, focusing on their socio-economic and geopolitical impacts. Through a comprehensive analysis of economic data, policy documents, and case studies, the research illustrates how these investments have reshaped Africa's economic landscape. BRICS investments have spurred significant infrastructural development and technological advancements in various African countries. However, these investments also present challenges, such as increased economic dependency and complex socio-political issues. The study employs theoretical frameworks like dependency theory, modernization theory, and world-systems theory to provide a deeper insight into these interactions. The findings suggest that while BRICS investments offer substantial development opportunities, they also require careful management to mitigate the risks associated with economic dependency and geopolitical tensions. This paper contributes to a nuanced understanding of global cooperation and its implications for regional and global economic governance, highlighting the dual nature of opportunities and challenges posed by BRICS investments in Africa. | ||
| Keywords | ||
| BRICS; Africa; investments; socio-economic impact | ||
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