2017
DOI: 10.1093/ia/iix192
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The BRICS—merely a fable? Emerging power alliances in global trade governance

Abstract: The much hyped rise of the "BRICS" (Brazil, Russia, India, China, and South Africa) has lately been met with equally fervent declarations of their demise. Amid slowing growth in many of these countries, the prevailing view now appears to be that the rise of the BRICS was little more than an illusion. In this article, however, I contest this assessment by arguing that the emerging powers were never solely, nor most importantly, merely an economic phenomenon. Instead, I show that emerging powers -specifically Br… Show more

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Cited by 49 publications
(33 citation statements)
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“…In addition, there is a risk that developed countries, whose teams are better-prepared to work in the forum, impose their technical influence (FATTORE, 2012). The launch of the Doha Round in 2001 could be seen as a signal of a pursuit of other means of trade liberalization by emerging markets (HOPEWELL, 2017).…”
Section: Introductionmentioning
confidence: 99%
“…In addition, there is a risk that developed countries, whose teams are better-prepared to work in the forum, impose their technical influence (FATTORE, 2012). The launch of the Doha Round in 2001 could be seen as a signal of a pursuit of other means of trade liberalization by emerging markets (HOPEWELL, 2017).…”
Section: Introductionmentioning
confidence: 99%
“…Many Western-centered institutions maintain formal and informal rules that provide its most powerful (Western) members with disproportionate benefits and reflect those powers' normative understandings of international order (Ikenberry 2001). Rising powers have forcefully advocated, but with limited success, for reforms that would increase their influence in international institutions, including efforts to achieve UNSC reform, gain access to 9 leadership positions in the WTO and the Inter-Development Bank, shape international negotiations on security, trade and climate change (Hopewell 2016;Narlikar 2011;Soares and Hirst 2006). Seeking greater influence in the Western-dominated Bretton Woods institutions, rising powers have demanded increases in their relative voting shares to counter a de facto G7 veto.…”
Section: Dissatisfaction and The Formation Of A Counterhegemonic Blocmentioning
confidence: 99%
“…1 A decade ago, the leaders of the BRIC countries started meeting on a regular basis. The activities of the BRICs qualify the group as one of the two most influential novelties in world politics in the twenty-first century (Cooper, 2016;Hopewell, 2017;Roett, 2010, pp. 5-17;Stuenkel, 2016), the other is the G20 (see below).…”
Section: Emerging Powers In International Politicsmentioning
confidence: 99%