The Emerging Role of BRICS in the Changing World Order
Abstract: The rapid economic and political rise of Brazil, Russia, India, China and South Africa (BRICS) as an informal co-operative group as well as their individual emergence on the international stage as influential actors have shifted the power dynamics of the international world order. Most importantly, the emergence of BRICS after the financial crisis has changed the structural dynamics of the West-dominated financial system by providing an alternative bypassing the normative structure. Of which, what provided the institutional framework to the BRICS is the New Development Bank and the Contingent Reserve Arrangement- key milestones of cooperation among emerging economies and developing countries. Thereby, this makes it imperative to understand the role of BRICS as an important platform in the international order and how it is shaping the international order
- Standort
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Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
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Online-Ressource
- Sprache
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Englisch
- Anmerkungen
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Veröffentlichungsversion
begutachtet (peer reviewed)
In: IndraStra Global (2017) 6 ; 11
- Klassifikation
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Wirtschaft
- Ereignis
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Veröffentlichung
- (wo)
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Mannheim
- (wann)
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2017
- DOI
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10.6084/m9.figshare.5143222
- URN
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urn:nbn:de:0168-ssoar-52185-9
- Rechteinformation
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Open Access; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
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14.08.2025, 10:47 MESZ
Datenpartner
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Entstanden
- 2017
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