Constant Market Share Analysis

5403 Words22 Pages
: ABSTRACT The paper focuses on bilateral strategic cooperation between India and Africa highlighting that some of the fastest-growing economies in the world are now in Africa. It has analyzed the overall trade dynamics between India and Africa in select sectors, where two dimensional scatter diagrams (average export growth and average export value) are used to identify the countries which are poised for economic growth in the selected sectors. Further Constant Market Share Analysis (CMS) model is used to understand the reason of export growth and more precisely the role of competitiveness gain in African market. The paper also…show more content…
The president can serve two terms, however, is forbidden from serving a third term. The constitution is the supreme law of the land and it constitute with the all rules and regulations governing among other things, international business. The constitution further provides all the basic rules and regulation for an independent corruption watchdog, the public protector, and for independent commissions on human rights, gender equality and the restitution of land rights. The National Assembly formed by 400-member and this is elected by proportional representation. The Senate is indirectly elected and represents the nine provinces. The judiciary is fully independent and includes a nine-member constitutional court. The government of South Africa, through its Department of Trades and Industry, and automakers operating in that country overhauled the sector and created a reputation for quality in the global market. During the apartheid era South Africa was isolated, and this situation failed South Africa in a uncompetitive auto industry. Now, international automakers have started to come in South Africa and invest money into their local operations, and those operations have struggled to prove that they can cut costs and produce world-class…show more content…
In economic development history, early nineteenth-century Prussia acquire knowledge from Britain; in the mid nineteenth-century Meiji Japan acquire knowledge from Germany; in the eighteenth-century Britain acquired knowledge from Holland; post-World War II Europe acquired knowledge from the United States; and recently Deng Xiaoping's China acquired their development knowledge from Japan. Through a process of institutional borrowing and innovative adaptation most underdeveloped economies have been transformed to advanced economies. This successful economic institutions and innovative technologies have spread round the world, and thereby boosting global growth. The developed economy growth policies have, actually, been time-tested and their durability is a strong signal for their reliability. The 'success' stories of the transition economies, may additionally be quite instructive to African economies if the continent can adopt it with better underlying economic policies. Nowadays, opportunities of this kind of "policy arbitrage" tend to arises, if African countries would only take the time to learn from other nations successes it will result in a remarkable economic transformation for the continent, that can led to another "regional miracle" like the "Asian miracle" but this time it will be the "African miracle".

More about Constant Market Share Analysis

Open Document