Contemporary globalisation is characterised by an explosion of organisational pluralism. Acronyms such as BRICS (Brazil, ) abound. This proliferation of groupings signals a repositioning within global governance and their names serve as metaphors for adjustments among formal and informal modes of global governance. They may be understood in terms of global bricolage: a framework for analysing incipient assemblages in global governance. Rooted in cultural political economy, this notion offers a language for grasping a loose meshwork of groupings based on certain large countries in the global South. The concept of global bricolage deepens analysis of polycentric governance and enables observers to identify three major tensions that mark contemporary global order. The antinomies are between old and new narratives that represent actual or potential shifts in prevailing forms of global governance, between an emancipatory spirit and contested neoliberal norms, and between interregional coalitions and intraregional differences. Quite clearly, the manner of addressing them will bear greatly on the shape of future world order. Contemporary globalisation is characterised by an explosion of organisational pluralism. Acronyms such as BRICS (Brazil, Russia, India, China and South Africa), IBSA (India, Brazil and South Africa), and BASIC (Brazil, South Africa, India and China) abound. 1 But, in substance, do these signifiers and their institutional forms amount to more than metaphors within global governance? Are they beacons for global transformations? Do they both enhance the power of the global South and beget new inequalities?Unlike other valuable studies (indicated below) that chart the paths of individual emergent countries and provide cross-national comparisons, this article focuses more on interregional dynamics and collective action by emergent market power. As distinct from many descriptive accounts of these phenomena, this project enlists a modest dose of theory-drawn from development studies, international relations theory, social theory and geophilosophy-to throw light on the possible mobility of a handful of countries in the global hierarchy of James H Mittelman is in the