The Rise of the BRICS in the Global Political Economy
Author | : Vai Io Lo |
Publisher | : Edward Elgar Publishing |
Total Pages | : 360 |
Release | : 2014 |
ISBN-10 | : UCSD:31822040876781 |
ISBN-13 | : |
Rating | : 4/5 (81 Downloads) |
Book excerpt: Brazil, Russia, India, and China are expected to become the four most influential economies and surpass the current richest economies by the middle of the 21st century. With the inclusion of South Africa in 2010, the BRICS spans across four continents, creating an abundance of geopolitical clout, in addition to its potential economic dominance. This book examines the economic developments of individual BRICS countries, the current politico-economic condition of the BRICS vis-à-vis non-BRICS countries or groups, and the potential of the BRICS to bring about changing paradigms in the global political economy.