Saturday, July 26, 2014
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Please note, this is an approximate
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Economic Diplomacy

Economic diplomacy is concerned with setting the ‘rules of the game’ for the conduct of economic policy. Effective economic diplomacy requires understanding both the domestic political economy environment and the external negotiating environment, and the constraints of each.

Economic diplomacy matters to Southern Africa because the rules of the game shape domestic economic policy in important ways, and in an increasingly multi-polar world international economic negotiations are growing in importance across a number of fronts. These may shape domestic and regional economic policies in ways that could be inimical to pursuing sustainable outcomes. Therefore it is necessary to ensure regional interests are articulated and understood.

SAIIA’s primary purpose is to assist with the articulation of such interests by conducting high-level analytical work and making it publicly available in digestible forms to key Southern African actors and their international counterparts.


The project is funded by the British High Commission in South Africa (BHC) the Danish International Development Agency (Danida), the Department for International Development (DFID), Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Swiss Development Cooperation (SDC) and the Swedish International Development Agency (SIDA).

The South African Institute of International Affairs (SAIIA) and the Graduate Business School at UCT has the pleasure of inviting you to a roundtable discussion on the upcoming US-Africa Leaders Summit, 'What Future Does it Hold for US-Africa Trade and Investment Relations?'
Published in Events
Monday, 28 July 2014 15:07
This week saw the Department of Trade and Industry (dti) Budget Vote presented to the Parliamentary Portfolio Committee on Trade and Industry. SAIIA would like to congratulate Minister Rob Davies on his reappointment and wishes both the Minister and dti officials well for the implementation of their work programme.The dti’s activities span the range of national economic life, and have a direct impact on the well-being of the nation’s citizens. A successful dti contributes to economic delivery by the state. In this vein, SAIIA has collated stakeholder comment on areas that speak to the department’s programme. The work of government…
Published in Opinion & Analysis
Thursday, 24 July 2014 18:52

Ties with other emerging economies crucial

By Elizabeth Sidiropoulos and Christopher Wood
After five years of introspection and institution building, the sixth BRICS summit offers an opportunity for the group to focus on its relations with the rest of the world. Relations with the Group of 7 (G-7) are particularly contentious. Russia's exclusion from the G-8 following the crisis in Crimea has moved the BRICS to the centre stage in Russian foreign policy thinking, and risks pulling the group onto an opposition footing with the West.
Published in Opinion & Analysis
Wednesday, 16 July 2014 16:51
The BRICS countries (Brazil, Russia, India, China and South Africa) were brought together by their investment returns and growth potential, but for the group to act they must find some common purpose.
Published in Opinion & Analysis
Tuesday, 15 July 2014 10:11
As the BRICS meet in Fortaleza, Brazil from 14-16 July 2014, attention is once again on the group’s efforts to establish two new financial institutions: the New Development Bank and the Contingent Reserve Arrangement. Negotiations are underway on both and, while it remains uncertain that they will be officially launched in Fortaleza, substantial progress is expected to be announced at the summit.
Published in Multimedia
Wednesday, 09 July 2014 15:11
SAIIA Occasional Paper No 193, June 2014
Published in Occasional Papers
Tuesday, 08 July 2014 16:58
The emergence of the BRICS (Brazil-Russia-India-China-South Africa) grouping coincided with the notion of an ‘Africa Rising’, a term coined following Africa's growing economic prosperity. The rise of BRICS also overlapped with their increased involvement in Africa.
Published in News & Announcements
Tuesday, 08 July 2014 14:45
In advance of the sixth annual BRICS Heads of State Summit, to be held in Fortaleza, Brazil from 14-16 July 2014, SAIIA has compiled an engaging range of new materials about the grouping's past, present and future.
Published in News & Announcements
Tuesday, 08 July 2014 14:24
The South African Institute of International Affairs and the Global Economic Governance Africa (GEG-Africa) Project invited members of the press to a special media briefing on "BRICS: from Durban to Fortaleza, what to expect," on 8 July 2014.
Published in Events
Tuesday, 08 July 2014 10:01
In advance of the 2014 the Brazil, Russia, India, China, South Africa (BRICS) Summit, an update is now available for the highly popular online resource 'BRICS and the World Order: Beginners Guide', produced by SAIIA and CUTS International.
Published in News & Announcements
Monday, 07 July 2014 13:53
New research on the trade policies of each of the BRICS countries, using the World Trade Organization (WTO) as a frame of reference, is now available for the first time in English.
Published in News & Announcements
Monday, 07 July 2014 13:33
SAIIA Occasional Paper No 192, June 2014
Published in Occasional Papers
Wednesday, 02 July 2014 11:12
SAIIA Policy Briefing No 97, June 2014
Published in Policy Briefings
Wednesday, 02 July 2014 11:06
SAIIA Occasional Paper No 191, June 2014
Published in Occasional Papers
Tuesday, 01 July 2014 13:36
SAIIA hosted a panel discussion on 11 June 2014, addressed by Professor Bernard Hoekman, Programme Director of Global Economics at the European University Institute in Florence, Italy on ‘Restoring Multilateral Trade Co-operation’. Professor Hoekman’s presentation was followed by responses from a panel of international experts. The South African Department of Trade and Industry presented Special Remarks responding to the presentations and discussion.
Published in Events
Wednesday, 11 June 2014 10:53
The world trading system is at a critical juncture. This particularly concerns the drawn out Doha Round which, until the WTO's Bali Ministerial Conference in December 2013, had been at an impasse since 2008.
Published in Opinion & Analysis
Wednesday, 04 June 2014 11:28
SAIIA and the Mandela Institute of the University of Witwatersrand hosted a Speakers Meeting on 27 May 2014, which was addressed by Dr Olivier Blanchard, Chief Economist at the International Monetary Fund (IMF) on ‘The Global Economic Outlook and Emerging Markets’.
Published in Events
Tuesday, 27 May 2014 11:40
Brazil "is the country of the future and always will be". Attributed to Stefan Zweig, an Austrian novelist who emigrated to Brazil in 1941, this quote could be adapted to Nigeria, which recently hosted the World Economic Forum’s (WEF’s) Africa Summit in Abuja.
Published in Opinion & Analysis
Thursday, 22 May 2014 09:29
The South African Institute of International Affairs and the South African Ministry of Finance invite you to a cocktail reception and discussion session on 'South Africa in the G-20 and the BRICS: In pursuit of development', with Mmakgoshi Phetla-Lekhete, Deputy Director General, National Treasury of South Africa.
Published in Events
Wednesday, 21 May 2014 16:37
SAIIA Policy Briefing No 89, April 2014
Published in Policy Briefings
Monday, 12 May 2014 14:23

Ethiopia and BRICS: A Bilateral Trade Analysis

By Idris Ademuyiwa, Chukwuka Onyekwena, Olumide Taiwo and Eberechukwu Uneze
SAIIA Occasional Paper No 180, April 2014
Published in Occasional Papers
Wednesday, 07 May 2014 10:55
With a persistently high unemployment rate, building an economy that provides opportunities for all is extremely important to all the political parties contesting the 2014 South African general election.
Published in Opinion & Analysis
Monday, 05 May 2014 10:29
On Sunday 6 April 2014 on the way to the SAIIA offices in Braamfontein I passed many Nigerian churches, which are now permanent features of inner-city Johannesburg. Sermons were already underway and sounded celebratory. I wondered if they were celebrating the announcement of Nigeria being named the continent’s largest economy, usurping South Africa.
Published in Opinion & Analysis
Monday, 14 April 2014 09:42
Representatives of 54 African and 28 European States, including over 30 heads of state, will meet in Brussels on 2 and 3 April for the fourth EU-Africa Summit. The meeting has a broad-ranging agenda under the title “Investing in People, Prosperity and Peace”.
Published in Opinion & Analysis
Thursday, 03 April 2014 12:36
South Africa’s approach to regulating the protection of foreign investments and investors has become controversial. It has centered on the future of bilateral investment treaties (BITs), pitting the European Union (EU) against the South African government. The debate was precipitated by the SA government’s decision to terminate or not renew BITs. Now it is refocusing on the Promotion and Protection of Investment Bill, released on 1 November 2013. A three-month window for public comments on the bill has recently closed.
Published in Opinion & Analysis
Wednesday, 02 April 2014 09:31
SAIIA hosted a Public Forum on "A Review of South Africa’s Trade Strategy in Light of Global Developments", 25 March 2014, in conjunction with the British High Commission and the New Zealand High Commission.
Published in Events
Tuesday, 25 March 2014 14:53
2013 was a difficult year for the five BRICS countries. China and Brazil faced slowing growth, South Africa and India were hit by currency instability, and concern over Russia’s governance deepened (before recent events in the Ukraine pitched them into all-out crisis). As doubts have mounted, investors have increasingly turned back to traditional investment destinations like the United States and Europe, as well as to new formations like the MINTs (Mexico, India, Nigeria and Turkey).
Published in Opinion & Analysis
Tuesday, 18 March 2014 15:35
As the sixth BRICS head of state summit approaches, it is clear that the grouping’s agenda is far from static. The BRICS Policy Center (BPC) and the South African Institute of International Affairs (SAIIA) hosted a seminar to address some of the inter-BRICS and intra-BRICS dynamics relevant to the consolidation of the grouping as a whole.
Published in Events
Friday, 14 March 2014 10:41
This year’s Brazil-Russia-India-China-South Africa (BRICS) Summit will be held in July in Fortaleza, Brazil. Experts from the South African Institute of International Affairs (SAIIA) will be in Brazil from Wednesday 12 March 2014 for a number of events related to the upcoming Summit.
Published in Media
Thursday, 13 March 2014 12:23
SAIIA Occasional Paper No 176, February 2014
Published in Occasional Papers
Thursday, 27 February 2014 10:20
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