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Surviving in the BRICS: the struggle of South African business in coping with new partners and investors

Wenzel, Nadine ; Freund, Bill ; Graefe, Olivier

In: International Review of Applied Economics, 2019, vol. 33, no. 1, p. 51–70

The purpose of this paper is to improve our understanding of how South African economic actors react to the gradual entry of non-South African BRICS firms in their established business areas. Throughout the twentieth century, South Africa’s trade and investment activities were conducted overwhelmingly with Western countries. However, the end of apartheid coincided with significant shifts as...