The Future BRICS: A Synergistic Economic Alliance or Business as Usual?

The Future BRICS: A Synergistic Economic Alliance or Business as Usual?
Author: Rich Marino
Publisher: Palgrave Macmillan, London
Publication Year: 2014
 

About this Book

The Future BRICS examines the prospects of the BRICS countries (Brazil, Russia, India, China, and South Africa) as a coordinated economic bloc. Combining both quantitative and qualitative analysis, the book addresses whether the BRICS Forum can evolve into a truly synergistic alliance or whether it will continue as a collection of largely independent emerging economies pursuing national priorities.

Rich Marino offers a detailed analysis of the macroeconomic conditions in each BRICS country during 2013–2014, contextualizing them within the broader international financial system, including regulatory frameworks like the Basel Accords and country-specific regulatory measures. The book discusses trade, financial stability, economic growth, and fiscal policies, providing both a historical perspective and forward-looking insights.

By systematically evaluating the strengths, weaknesses, opportunities, and challenges of each member country, the author sheds light on the potential for coordination and cooperation in international finance, development, and trade policy. The book is a valuable resource for scholars, policymakers, and professionals interested in global economics, emerging markets, and the evolving role of BRICS in international economic governance.

Contents

1. Introduction

2. The BRICS Forum: an Overview

3. Basel Accords

4. Basel III in Conjunction with Nation-Specific Regulatory Measures

5. BRICS Macroeconomics

6. Macroeconomics of Brazil 2013–14

7. Macroeconomics of Russia 2013–14

8. Macroeconomics of India 2013–14

9. Macroeconomics of China 2013–14

10. Macroeconomics of South Africa 2013–14

11. BRICS Countries: Yesterday, Today and Tomorrow

12. Conclusions