Understanding Brics
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Understanding Brics
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Author : Natascha Strenger
language : en
Publisher: GRIN Verlag
Release Date : 2012-06-04
Understanding Brics written by Natascha Strenger and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-04 with Political Science categories.
Seminar paper from the year 2011 in the subject Politics - Political systems in general and in comparison, grade: 1,3, Ruhr-University of Bochum (Fakultät für Sozialwissenschaften), course: Emerging Powers in International Affairs, language: English, abstract: About ten years ago, Jim O’Neil at the well-known investment bank Goldman Sachs coined the acronym BRIC for four emerging countries that were regarded to have a common potential of shaping global markets in the not-too-distant future: Brazil, Russia, India and China. In 2003, Goldman Sachs published a report named “Dreaming with BRICs: The Path to 2050”. Its key message was that the economies of these four countries together, which at that time made up only 15% of the global economy, could by 2050 be larger than those of the (former) G6. They claimed that, given that their predictions come true, the list of the world’s major economies could look very different from today’s in less than 40 years – a perspective which must naturally have an influence on investing behavior around the globe (see Wilson, Purushotaman 2003). The reasons for these expectations were the BRICs economic growth rates, which topped those of the industrialized nations by far, as well as their huge share of global population which promised emerging masses of consumers. In 2010, Goldman Sachs could proudly announce the fulfillment of their 2001 predictions (Wilson et al.). The past decade had indeed seen a rise in political and economic power of these emerging countries, so, according to Goldman Sachs, there were no reasons to doubt that the BRICs future growth would as well be satisfying their forecasts (ibid. 2). Another report from December 2009, which concentrated on the BRICs’ survival of the global financial crisis had even confirmed that these countries (with the sole exception of Russia) were emerging healthier from it than the industrialized world – a development which gave reason to expect yet better long-term performance than they had originally prophesized ten years ago (O’Neill, Stupnytska). However, critics argue that the entire concept of BRIC has flaws – it might appear forced to group four countries that seem to have very little in common. The prediction of their future role in global affairs seems rather bold and even if in terms of economics the BRICs fulfill the expectations – what does this mean for their general role in world affairs? This paper shall have a closer look at the BRIC group and its actual and predicted development. The sense of an analytical concept that was applied to four such different countries shall be examined by pointing out there commonalities and differences.
Rising Powers And Foreign Policy Revisionism
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Author : Cameron G Thies
language : en
Publisher: University of Michigan Press
Release Date : 2017-11-29
Rising Powers And Foreign Policy Revisionism written by Cameron G Thies and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-29 with Political Science categories.
Addresses concerns that rising powers may generate international conflict, focusing on Brazil, Russia, India, China, and South Africa (BRICS)
Russia Brics And The Disruption Of Global Order
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Author : Rachel S. Salzman
language : en
Publisher: Georgetown University Press
Release Date : 2019-04-01
Russia Brics And The Disruption Of Global Order written by Rachel S. Salzman and has been published by Georgetown University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-01 with Political Science categories.
Russia's leadership in establishing the BRICS group (Brazil, Russia, India, China, and South Africa) is emblematic of its desire to end US hegemony and rewrite the rules of the international system. Rachel S. Salzman tells the story of why Russia broke with the West, how BRICS came together, why the group is emblematic of Russia's challenge to the existing global order, and how BRICS has changed since its debut. The BRICS group of non-Western states with emerging economies is held together by a shared commitment to revising global economic governance and strict noninterference in the internal affairs of other countries. BRICS is not exclusively a Russian story, but understanding the role of BRICS in Russian foreign policy is critical to understanding the group’s mission. In a time of alienation from the Euro-Atlantic world, BRICS provides Russia with much needed political support and legitimacy. While the longterm cohesion of the group is uncertain, BRICS stands as one of Vladimir Putin's signature international accomplishments. This book is essential reading for scholars and policymakers interested in Russian foreign policy, the BRICS group, and global governance.
Understanding Emerging Markets
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Author : Stefano Pelle
language : en
Publisher:
Release Date : 2007
Understanding Emerging Markets written by Stefano Pelle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with BRIC countries categories.
This book provides an overall perspective of the rising power of emerging economies. It focuses on Brazil, Russia, India and China (the BRIC countries) in order to understand market opportunities and issues relevant to doing business in such emerging economies. The book defines an emerging market, analyses the operative environment of emerging countries and points out some common difficulties and mistakes. The author describes key elements of a successful and profitable business model in these countries and in doing so, focuses on some important issues: - Cultural Gaps and extensive dependence on expatriates - The main characteristics of the workforce - External factors influencing business - Red tape and corruption - Corporate social responsibility - Sustainability of economic development
The Brics In International Development
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Author : Jing Gu
language : en
Publisher: Springer
Release Date : 2016-09-29
The Brics In International Development written by Jing Gu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-29 with Political Science categories.
This book offers a comprehensive comparative perspective on the increasingly significant development cooperation activities of the BRICS. Providing a powerful set of insights into the drivers for engagement within each country, it brings together leading experts from Brazil, Russia, India, China, South Africa and OECD countries. The authors review the empirical evidence for the BRICS’ modes of development cooperation and their geographical reach, and explore the historical background and patterns of international development engagement of each country. They also present a cutting-edge analysis of the broader geopolitical shifts, distinctive ideologies and normative discourses that are influencing and informing their engagement in increasingly ambitious joint projects such as the New Development Bank. This collection is essential reading for anyone seeking to understand the rapidly changing landscape of international development.
Handbook Of Brics And Emerging Economies
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Author : PB Anand
language : en
Publisher: Oxford University Press
Release Date : 2020-12-16
Handbook Of Brics And Emerging Economies written by PB Anand and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-16 with Business & Economics categories.
Ever since Jim O'Neill at Goldman Sachs coined the term BRICS in 2001 there have been many different assessments of these major emerging economies, with some even proclaiming that the promise of the BRICS (comprising Brazil, Russia, India, China, and South Africa) is over. However, the so called 'arranged marriage' still seems to be working well, with the club having become a formal international forum, with summit declarations, ministerial meetings, and numerous BRICS-wide fora. Is this euphoria misplaced? Is there a BRICS model of economic and human development? Are inequalities increasing and is this the denouncement of the economic successes? Are geo-political tensions rising between these nations? During the post COVID-19 situation, the importance of bilateral and multilateral co-operation mechanisms and institutions is becoming clear. This book focuses on one such emerging co-operation mechanism of BRICS but also more widely on those five countries and other similar economies. As a global depression looms large, global economic recovery depends on the performance of not only its largest economies but also many other important and significant economies within the so called G20 group. Even prior to the COVID-19 outbreak multilateral institutions have been under considerable strain, as with the relationship between the United States of America and China, and risks to global economic recovery appear very real. This book brings together multi-disciplinary perspectives from over sixty scholars and it presents a comprehensive and deep dive into the BRICS and emerging economies and into an understanding the political, economic, and social contexts that can help in designing approaches for recovery and regaining the last momentum in the journey towards the Sustainable Development Goals.
Half Way There
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Author : Chris Hart
language : en
Publisher:
Release Date : 2014
Half Way There written by Chris Hart and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with BRIC countries categories.
0́−Half Way There, a book that offers a comprehensive account of the five members of the BRICS (Brazil, Russia, India, China and South Africa) and their relationships with one another and with the rest of the world. It was written following a focused and detailed research trip to each of the five countries, to better understand the countries and to examine the investment potential of each. 0́−The book is designed to provide investors with a better and more acute understanding of the BRICS, so that they can use this knowledge when considering investment,0́+ says Derrick Msibi, managing director of Investment Solutions. Written in an engaging style, the book introduces five unique lenses on these countries, National Scars, National Transitions, Economic Value Chains, Capital Allocation and Political Economics. Each of these analytical lenses helps to enhance the understanding of these countries, or any other, from a potential investor0́9s perspective. The insights gained are both positive and negative, resulting in a sobering and realistic perspective of the BRICS countries, and their prospects. The book ends with a specific focus on South Africa, and extends the lessons in terms of a roadmap for the BRICS0́9s key African representative. Half Way There captures just how far each of the respective BRICS have come, and the bloc as a whole, but also just how much further they still need to go. While the BRICS have gained global prominence with much economic and other succeses over the past two decades, their progress has waned of late. Further success is not necessarily assured and the authors believe that to a greater or lesser extent, the BRICS are thus only Half Way There, with some key challenges ahead. There is little doubt in the minds of Hart and Silverman that the BRICS will become increasingly important on the global stage due to their large populations, growing economies, and rising political influence and power. Fifty contributors, all experts within their fields, have added their perspectives on the BRICS to complement those of the authors. The book also includes comments on a subset of the many corporates that were visited in the five countries.0́+--Publisher0́9s description.
Brics And The New American Imperialism
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Author : Vishwas Satgar
language : en
Publisher: NYU Press
Release Date : 2020-03-01
Brics And The New American Imperialism written by Vishwas Satgar and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-01 with Political Science categories.
Challenges the mainstream understanding of BRICS and US dominance to situate the new global rivalries engulfing capitalism BRICS is a grouping of the five major emerging economies of Brazil, Russia, India, China and South Africa. Volume five in the Democratic Marxism series, BRICS and the New American Imperialism challenges the mainstream understanding of BRICS and US dominance to situate the new global rivalries engulfing capitalism. It offers novel analyses of BRICS in the context of increasing US induced imperial chaos, deepening environmental crisis tendencies (such as climate change and water scarcity), contradictory dynamics inside BRICS countries and growing subaltern resistance. The authors revisit contemporary thinking on imperialism and anti-imperialism, drawing on the work of Rosa Luxemburg, one of the leading theorists after Marx, who attempted to understand the expansionary nature of capitalism from the heartlands to the peripheries. The richness of Luxemburg’s pioneering work inspires most of the volume’s contributors in their analyses of the dangerous contradictions of the contemporary world as well as forms of democratic agency advancing resistance. While various forms of resistance are highlighted, among them water protests, mass worker strikes, anti-corporate campaigning and forms of cultural critique, this volume grapples with the challenge of renewing anti-imperialism beyond the NGO-driven World Social Forum and considers the prospects of a new horizontal political vessel to build global convergence. It also explores the prospects of a Fifth International of Peoples and Workers.
The Brics And Coexistence
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Author : Cedric de Coning
language : en
Publisher: Routledge
Release Date : 2014-09-15
The Brics And Coexistence written by Cedric de Coning and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-15 with Political Science categories.
The grouping consisting of Brazil, Russia, India and China (BRIC) was initially meant to be nothing more than clever investment jargon referring to the largest and most attractive emerging economies. However, these countries identified with the BRIC concept, and started to meet annually as a group in 2008. At their fourth summit in 2011, they added South Africa to become the BRICS. By then the BRICS had fully morphed from investment jargon to a name for a new economic and political grouping that had the potential to challenge the unipolar hegemony of the United States and its Western allies. This work analyses the extent to which the concept of coexistence explains the individual foreign policies of the BRICS countries. The editors define coexistence as a strategy that promotes the establishment of a rule-based system for co-managing the global order. It recognizes that different states may legitimately pursue their own political and economic interests, but they have to do so within the bounds of a rule-based international system that ensures the peaceful coexistence of states. The BRICS and Coexistence addresses the political dimension of the emergence and influence of the BRICS in the international system and will be of interest to students and scholars of Politics, Development and International Relations.
The Brics And Beyond
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Author : Li Xing
language : en
Publisher: Routledge
Release Date : 2016-03-16
The Brics And Beyond written by Li Xing and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-16 with Political Science categories.
The world is in an era of great transformations. Globalization, transnational capitalism, September 11, the 2008 global financial crises, and the emergence of the ’second world’ in general and the BRICS in particular are characterized by a diffusion of power away from the traditional North Western powers and towards the global South. Such great transformations have reshaped the terrain and parameters of social, economic and political relations both at the national and the global levels and have exerted pressure on the exiting international order in terms of both opportunities and constraints. This new era also urges the need for re-conceptualizing the changing world order especially with regard to one of the core conceptual categories and analytical apparatus in the studies of IR and IPE - hegemony. The world will witness a new era of interdependent hegemony, in which both the existing ’First World’ and the emerging ’Second World’ are intertwined in a constant process of shaping and reshaping the international order in the nexus of national interest, regional orientation, common economic and political agenda, political alliance and potential conflicts. This collection juxtaposes, from different perspectives and approaches, the discussion on the political economy of the emerging world order with a focus on the rising powers.