BRICS AND THE NEW GLOBAL GOVERNANCE MODEL: ANALYSIS FROM THE PERSPECTIVE OF THE INTERESTS OF DEVELOPING COUNTRIES
Keywords:
BRICS, global governance, developing countries, multipolarity, financial sovereignty, political equity, currency diversification, new world order, geo-economic integration, technological cooperationAbstract
This thesis analyzes the role of the BRICS alliance in shaping a new global governance model from the perspective of developing countries. Amid the decline of Western-centric liberal order and the rise of multipolarity, BRICS emerges as a strategic platform promoting political sovereignty, economic independence, and global equity. The study explores BRICS-led financial institutions, currency diversification efforts, technological cooperation, and its stance toward global institutions. It also critically examines internal divergences within BRICS and assesses its actual impact on global governance. The analysis concludes that BRICS offers developing nations strategic opportunities to advance their interests and contributes to the transition toward a more balanced and just international system.
References
Narlikar, A. (2013). Negotiating the rise of new powers. International Affairs, 89(3), 561–576. https://doi.org/10.1111/1468-2346.12034
Stuenkel, O. (2016). Post-Western world: How emerging powers are remaking global order. Cambridge: Polity Press. (pp. 1–250)
Hurrell, A. (2006). Hegemony, liberalism and global order: What space for would-be great powers? International Affairs, 82(1), 1–19. https://doi.org/10.1111/j.1468-2346.2006.00507.x
Beeson, M., & Zeng, J. (2018). The BRICS and global governance: China’s contradictory role. Third World Quarterly, 39(10), 1962–1978. https://doi.org/10.1080/01436597.2018.1458293
Chin, G. T. (2014). The BRICS-led development bank: Purpose and politics beyond the G20. Global Policy, 5(3), 366–373. https://doi.org/10.1111/1758-5899.12128
Gray, K., & Gills, B. K. (2016). South–South cooperation and the rise of the global South. Third World Quarterly, 37(4), 557–574. https://doi.org/10.1080/01436597.2015.1128817
Vieira, M. A., & Alden, C. (2011). India, Brazil, and South Africa (IBSA): South–South cooperation and the paradox of regional leadership. Global Governance, 17(4), 507–528. https://www.jstor.org/stable/23033769
Duggan, N. (2015). BRICS and the evolution of a new agenda within global governance. In N. Duggan & F. Klausen (Eds.), The European Union and the BRICS (pp. 15–32). Springer. https://doi.org/10.1007/978-3-319-19099-0_2
Puppim de Oliveira, J. A., & Jing, Y. (2020). International development assistance and the BRICS. Singapore: Springer. (pp. 1–230)
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
