The BRICS and Collective Financial Statecraft

The BRICS and Collective Financial Statecraft

2017 | ISBN: 0190697520, 0190697512 | English | 288 Pages | AZW3 | 2 MB

In the early 21st century, five rising powers (Brazil, Russia, India, China, and South Africa) formed an exclusive international club, the BRICS. Although not extreme revisionists, the BRICS recognize an ongoing global power shift and contest the West's pretensions to permanent stewardship of the existing economic order. Together they exercise collective financial and monetary statecraft to achieve larger foreign policy goals. The BRICS share common resentments-of U.S. dominance of the global financial system, of playing junior roles in economic governance, and of serving as frequent targets of financial sanctions. They also share common objectives, such as obtaining greater financial autonomy and influence within the Bretton Woods institutions. Their financial statecraft ranges from pressure for the internal reform of international organizations and markets to operating outside the system through the creation of both new multilateral institutions and opportunity structures in international financial markets. To the surprise of many observers, the joint actions of the BRICS have been largely successful. The BRICS' future depends not only on their bargaining power and ability to successfully adjust to market shifts, but also on their ability to overcome domestic impediments to sustainable economic growth, which is the ultimate basis for their international influence.


[Fast Download] The BRICS and Collective Financial Statecraft

Related eBooks:
Cognitive Load Theory
Older Adult-Led Health Promotion in Urban Communities: Models and Interventions
Language Wars: The Role of Media and Culture in Global Terror and
The Truth About Woman
The Model Arab League manual: A Guide to Preparation and Performance
The Meritocracy Trap: How America's Foundational Myth Feeds Inequality, Dismantles the Middle Class,
The Constitutional Systems of the Australian States and Territories
American Politics Today: Essentials (3rd edition)
Timothy Blewett, Adrian Hyde-Price, Wyn Rees - British Foreign Policy and the Anglican Church
Live & Work in Canada: Comprehensive, Up-to-date, Practical Information About Everyday Life, 4 editi
Twilight of the Elites: America After Meritocracy
An Introduction to International Relations and Religion, 2nd edition
Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.