What is it about?
Trade composition remains a major challenge for South Africa-BRIC trade. Continued innovation and research and development will shift reliance on primary commodities for exports to mechanised products, hence increasing gains from the lucrative BRICS trade and the non-utilised SADC trade.
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Why is it important?
The empirical results identify a significant long run relationship of the selected variables. However, the results review a negative contribution of South Africa-BRIC trade on South Africa’s economy, while the South Africa-SADC trade produced positive results.
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This page is a summary of: South Africa-BRIC-SADC Trade Alliances and the South African Economy, International Studies, January 2018, SAGE Publications,
DOI: 10.1177/0020881718757589.
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