New Challenges for a World in Flux
Edited by Linda Yueh
Chapter 8: Intellectual Property Enforcement in a Global Economy: Lessons from the BRIC Nations
8. Intellectual property enforcement in a global economy: lessons from the BRIC nations Robert C. Bird INTRODUCTION Globalization is a multi-faceted and powerful phenomenon. Globalization represents a political force that encourages the harmonization of values such as human rights and democratic governance. Globalization is also an economic force that promotes the worldwide integration of free markets. Goods and services, financial instruments, and intellectual property rights can now find an optimal buyer and seller match without regard to national borders. Technology and research and development skills become evermore rapidly disseminated. Globalization creates an environment of shared risk and reward among nations that is a natural consequence of economic interdependence (Seita 1997). There is some evidence that Brazil, Russia, India, and China, collectively known as the BRIC economies, will play a leadership role in shaping these forces of globalization. A 2003 study concludes that the BRIC economies may be larger in GDP terms than the entire current G6 within 40 years. If the study proves correct, Germany, France, Italy, and the United Kingdom may all be forced out of the elite G6 club by 2050, leaving only the United States and Japan remaining as two of the six largest economies in the world (Wilson & Purushothaman 2003). The BRIC economies are far from passive in influencing the global economy. Brazil, for example, ranks sixteenth in the world for quantity of imports and twentieth in the world for quantity of exports. In spite of this, Brazilian leaders have sustained a leading role in Doha-round...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.