Version 2 2019-12-13, 03:28Version 2 2019-12-13, 03:28
Version 1 2017-02-08, 22:34Version 1 2017-02-08, 22:34
thesis
posted on 2019-12-13, 03:28authored byMelba Nyabereka
In 2000, the World
Bank published a report entitled CanAfrica Claim the 21st Century? In this
report the argument was made that this was indeed possible and cited the
continent’s great economic potential, but only if the challenges of governance,
conflict, state building, poverty, inequality and human development were
addressed. So far, the 21st Century has witnessed the continent become
progressively more engaged and economically active, evidenced by increased
trade and investment between the continent and partners across the globe. This
has led to, inter alia, a marginal decrease in poverty, however, the continent
remains largely underdeveloped with high rates of inequality in most areas.
This highlights the need to ensure that this escalated economic integration and
engagement is both beneficial and sustainable for African states. In Southern
Africa a large contributor to development in the new millennium has been the
engagement of the BRICS. This engagement has revealed new avenue paths to
development. This has supplemented the traditional western engagement through
Bretton Woods’ institutions and effectively fostered new relationships and
created access to markets that were not as accessible before. The study
investigates the role that BRICS engagement has played in Angola, Mozambique
and Zimbabwe through aid, investment and trade; which are the cooperative’s
main areas of engagement on the continent. This is done by documenting changes
in the respective economies, societies, environments and governance in relation
to cooperation with the BRICS. This investigation found that the individual
BRICS states have had differing impacts on sustainable development elements in
each of the case studies – with both positive and negative results. However, as
a whole the cooperative offers promising and solid options for the development
of Angola, Mozambique and Zimbabwe. It is evident though that better management
of these partnerships is required on the part of the case study states to
ensure that these engagements are beneficial in both the short and long term.
The investigation also found that good governance is an arguably crucial
element of sustainable development in the case study states. This is supported
by the fact that the political aspect of BRICS engagement has encouraged the
maintenance of the status quo in Angola and Zimbabwe, and the weakness in
governance of all three case studies – clearly illustrated by their stunted
development.