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BRICS, developing countries and global governance

BRICS, developing countries and global governance AbstractThis article analyses the implications and consequences of the rise of BRICS for the developing world and for global governance. In doing so, it examines BRICS’ increasing importance among developing countries and their growing significance in the world economy, situated in historical perspective, and considers the factors underlying the evolution of the group as an economic and political formation. This is followed by an analysis of the possible economic impact of future growth in BRICS on other developing countries, which could be complementary or competitive, positive or negative. In conclusion it discusses the potential influence of BRICS, extending beyond economics to politics, in the wider global context, with reference to international institutions and cooperation among developing countries. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Third World Quarterly Taylor & Francis

BRICS, developing countries and global governance

Third World Quarterly , Volume 37 (4): 17 – Mar 24, 2016
17 pages

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References (38)

Publisher
Taylor & Francis
Copyright
© 2016 Southseries Inc., www.thirdworldquarterly.com
ISSN
1360-2241
eISSN
0143-6597
DOI
10.1080/01436597.2015.1116365
Publisher site
See Article on Publisher Site

Abstract

AbstractThis article analyses the implications and consequences of the rise of BRICS for the developing world and for global governance. In doing so, it examines BRICS’ increasing importance among developing countries and their growing significance in the world economy, situated in historical perspective, and considers the factors underlying the evolution of the group as an economic and political formation. This is followed by an analysis of the possible economic impact of future growth in BRICS on other developing countries, which could be complementary or competitive, positive or negative. In conclusion it discusses the potential influence of BRICS, extending beyond economics to politics, in the wider global context, with reference to international institutions and cooperation among developing countries.

Journal

Third World QuarterlyTaylor & Francis

Published: Mar 24, 2016

Keywords: BRICS; Next-14; LDCs; trade; growth; industrialisation; catch-up; development; international institutions; rising powers

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