Can the relative strength of the national systems of innovation mitigate the severity of the global recession on the BRICS?

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Baskaran, Angathevar; Muchie, Mammo;
  • Publisher: Institute for Economic Research on Innovation, Tshwane University of Technology, Pretoria, South Africa

The research question we wish to investigate is the degree to which different countries with differing levels of NSI strength and weakness cope in mitigating some of the adverse impacts of the recession. In general during the recession confidence declines or what Keynes... View more
  • References (1)

    Table 6: South Africa: Key Economic Indicators - Balance of Payments (US$ millions) Indicators 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Trade Balance OECD (2008), Economic Outlook, No. 84, Paris: OECD.

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