ID | 170653 |
Title Proper | Why BRICS is no threat to the post-war liberal world order |
Language | ENG |
Author | Nuruzzaman, Mohammed |
Summary / Abstract (Note) | BRICS (Brazil, Russia, India, China and South Africa) has emerged as a powerful economic group in the global economy and politics, apparently posing threats to the survival of the post-war liberal world order. Its member states (Brazil, Russia, India, China and South Africa) are seeking to democratize the post-war liberal world order to increase their shares of voting power in the decision-making processes of the Bretton Woods institutions and thus curb the USA’s dominance over global economic and financial architecture and eventually overhaul the US-led liberal world order. Contrary to the fear of many Western policymakers and analysts, this article contends that BRICS poses no credible threats to the US-led post-war order. The BRICS group’s potential to challenge or threaten the US-led world order is seriously undermined by the internal make-up of the group, its political and ideological heterogeneity, its incapacity to develop a collective world order vision salable to the wider international community and the lack of strong convergence in foreign policy goals and preferences. |
`In' analytical Note | International Studies Vol. 57, No.1; Jan2020; p 51–66 |
Journal Source | International Studies Vol: 57 No 1 |
Key Words | Global Economy ; World Order ; US Dominance ; Post-War World Order ; BRICS ; BRICS, |