Description |
1 online resource (289 pages) |
Contents |
Cover; The BRICS and Collective Financial Statecraft; Copyright; Dedication; Contents; List of Figures; List of Tables; Acknowledgments; Acronyms List; 1. Introduction: The BRICS as a Club; BRICS in the Aftermath of the Global Financial Crisis; Strategic Incentives in Unipolarity and Common Aversions; The BRICS and the Global Governance System; Formal Institutions and Informal Powers: The Emergence of Clubs; The BRICS as a Club; Clubs with Power Asymmetries and Dominant Powers with Outside Options; Plan of the Book; 2. Global Power Shift: The BRICS, Building Capabilities for Influence |
|
Conceptualizing PowerMeasuring the Shift in Economic Capabilities; A New, Multipolar World?; The Global Financial and Monetary Capabilities of the BRICS; Redback Rising; Conclusion; 3. BRICS Collective Financial Statecraft: Four Cases; Defining Collective Financial Statecraft; Four Categories of Collective Financial Statecraft; Inside Reforms: The BRICS Quest for Greater Influence within the IMF and World Bank (Case 1); Inside Reforms: Resist Manipulation of Financial Market Power for U.S./​Western Political Aims (Case 2) |
|
Outside Options: Create Parallel Financial Institutions Controlled by the BRICS (Case 3)Outside Options: Diminish Dollar Dominance and Build the Financial Market Power of the RMB (Case 4); Future Directions and Cooperative Opportunities Not Taken; Conclusion: Mostly Successful BRICS Collective Financial Statecraft; 4. Motives for BRICS Collaboration: Views from the Five Capitals; Six Propositions; The View from Beijing: In Search of Legitimacy and Unthreatening Leadership; The View from Moscow: Russia's Struggle for Autonomy and International Influence |
|
The View from New Delhi: Amplifying Voice and Anticipating MultipolarityThe View from BrasÃlia: Enhancing Status and Inviting Investment; The View from Pretoria: Support for Growth and Regional Leadership; Conclusion: Explaining BRICS Collaboration; 5. Conclusion: Whither the BRICS?; BRICS and World Order: Too Much Pessimism Is Unwarranted; Growth: The Essential Need to Return to the BRICS' Roots; The Tension Between Formal and Informal Rules; Summing up: The BRICS, Collective Financial Statecraft, and the Multipolar Future; Notes; Index |
Summary |
The BRICS (China, Russia, India, Brazil, and South Africa), an exclusive international club, perceive an ongoing global power shift and contest the West's pretensions to permanent stewardship of the liberal economic order. Against expectations, they have exercised collective financial statecraft with remarkable success to seek reforms, influence, and leadership roles |
Bibliography |
Includes bibliographical references and index |
Notes |
Print version record |
Subject |
Balance of power.
|
|
Balance of power
|
|
Diplomatic relations
|
|
International economic relations
|
SUBJECT |
BRIC countries -- Foreign economic relations
|
|
BRIC countries -- Foreign relations
|
Subject |
BRIC countries
|
Form |
Electronic book
|
Author |
Armijo, Leslie Elliott.
|
|
Katada, Saori N.
|
ISBN |
9780190697532 |
|
0190697539 |
|
9780190697556 |
|
0190697555 |
|