International recession and MINTs development: An investment opportunity to relaunch Italian companies?

ŽÁKOVÁ TALPOVÁ, Sylva and Francesco SCALERA. International recession and MINTs development: An investment opportunity to relaunch Italian companies? In Mehtap Özşahin. The Proceedings of 10th International Strategic Management Conference. Vol. 2. Rome: Uluslararası Stratejik Yönetim ve Yöneticiler Derneği, 2014, p. 1248-1259. ISBN 978-605-86554-2-3. Available from: https://dx.doi.org/10.1016/j.sbspro.2014.09.141.

Basic information

• Original name: International recession and MINTs development: An investment opportunity to relaunch Italian companies?
• Authors: ŽÁKOVÁ TALPOVÁ, Sylva (203 Czech Republic, guarantor, belonging to the institution) and Francesco SCALERA (380 Italy).
• Edition: Vol. 2. Rome, The Proceedings of 10th International Strategic Management Conference, p. 1248-1259, 12 pp. 2014.
• Publisher: Uluslararası Stratejik Yönetim ve Yöneticiler Derneği

Other information

• Original language: English
• Type of outcome: Proceedings paper
• Field of Study: 50600 5.6 Political science
• Country of publisher: Italy
• Confidentiality degree: is not subject to a state or trade secret
• Publication form: storage medium (CD, DVD, flash disk)
• RIV identification code: RIV/00216224:14560/14:00075874
• Organization unit: Faculty of Economics and Administration
• ISBN: 978-605-86554-2-3
• ISSN: 1877-0428
• Doi: http://dx.doi.org/10.1016/j.sbspro.2014.09.141
• UT WoS: 000346089700135
• Keywords in English: BRICS MINTs Business Climate Strategies Entrepreneurship Globalization
• Tags: International impact, Reviewed

Abstract

In a strongly globalized world, characterized by high dynamism and turbulence, many economies including the Italian one are trying to get over the deep international crisis that unfortunately did not spare the Euro area, whose solidity is, therefore, seriously endangered. Nevertheless, it was noted that within the international economic environment, in the recent past, some economies, notably the BRICS countries’ (Brazil, Russia, India, China and South Africa) have recorded, over the last decade, significant growth in terms of GDP, thus contrasting the current trend and making up for several positions in the world rankings that measure the development of economies. Lately, however, the drive behind these economies is slowing as well, while there is evidence of the emergence of new countries on the international scene, whose development seemed inconceivable a few years ago, namely that of the countries covered by the MINT acronym (Mexico, Indonesia, Nigeria, Turkey). The present work aims at investigating these new emerging economies, in order to understand first of all, if they can somehow retrace the route taken by the BRICS . Secondly, once identified the pluses of the MINT countries, it would be convenient to understand whether these countries may share any common points and thus represent a new model of economic development. In this case, such a model could be implemented in some way, at least in some respects, in the government policies of the major countries under recession, while the opening up to foreign investment in these countries could represent a fortunate chance for those companies, in this case the Italian ones, that are currently looking at international relocation as the only weapon at their disposal to ensure their own survival.