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BRICS is conceivably the most formidable organisation to have emerged in the post-Cold War period in the non-Western world. This book highlights the significance of BRICS in a wider global context and foregrounds the long-pending demand for the reform of global governance institutions.The volume:• Traces how the organisation came into being and looks at the distinct norms and principles espoused by it• Discusses the glaring limitations of the existing institutions of global governance• Explores the economic growth and the rising political influence of BRICS states• Analyses the internal threats to the survival of the organisation and assesses its prospects in the foreseeable future.A significant intervention in situating BRICS as one of the major players in global governance, the book will be of great interest to students and scholars of international political economy, international business and finance, international relations, politics, and Global South Studies.
Rajan Kumar, Associate Professor, Jawaharlal Nehru University, New Delhi, India.Meeta Keswani Mehra, Professor, Jawaharlal Nehru University, New Delhi, India.G. Venkat Raman, Professor, Indian Institute of Management, Indore, India.Meenakshi Sundriyal, Assistant Professor, Jawaharlal Nehru University, New Delhi, India.
List of Figures List of Tables Notes on Contributors PrefaceAcknowledgements1 Introduction G. Venkat Raman and Rajan KumarPART ILocating BRICS in the Global Order 2 Liberal International Order and the Evolution of BRICS Bappaditya Mukherjee3 Evolution of BRICS: History and Politics Ajay K. Patnaik4 BRICS in Blues: Potentialities of the Maritime World: Lessons from the History of Money, Metallism and Mercantilism Rohan5 Economic Growth, Trade and Investment Trends in BRICS Meeta Keswani Mehra and Sk. Md. Azharuddin6 Inter- and Intra-BRICS Bilateral Trade Pattern: A Panel Import Gravity Model Approach Meeta Keswani Mehra and Sk. Md. Azharuddin7 Determinants of Foreign Direct Investment Inflows in BRICS Countries: A Panel Data Analysis Sk. Md. Azharuddin and Meeta Keswani Mehra8 Towards an Aesthesis of BRICS Meenakshi SundriyalPART IIMember States and Their Interests in BRICS 9 Brazil and BRICS Bruno De Conti, Édivo de Almeida Oliveira and Júlio Vicente Cateia10 Russia and its Interests in BRICS Oxana Kharitonova11 Multilateralism in Russia’s Foreign Policy and BRICS Surbhi Choudhary12 India and BRICS Rajan Kumar13 China and BRICS Liu Zongyi14 China, Global Governance and BRICS G. Venkat Raman15 South Africa and BRICS Subodh N. Malakar and Khush-Hal S. LagdhyanPART IIINew Vistas of Cooperation within BRICS: Lacunae and Possibilities16 The COVID-19 Pandemic and the BRICS Response: Cooperation, Constraints, and Geopolitics Ashok Sharma17 BRICS and the Covid Pandemic: Challenges and Opportunities Shradha18 BRICS: A Study of its Cooperation and Challenges Aparaajita Pandey and Huma Siddiqui19 BRICS, Development-Aid and Disaster-Aid Management: A Framework for Cooperation in Disaster Management Himanshu Shekhar Mishra20 Conclusion: Building Alterity and Inclusion: BRICS’ Journey Thus Far Meeta Keswani Mehra and Meenakshi SundriyalIndex