By Vidya Nadkarni, Norma C. Noonan
The publication examines the emerging effect of rising powers in worldwide politics, with a different specialize in the BRIC international locations (Brazil, Russia, India, China).
Chapters contributed by way of foreign students first examine the altering prestige of the united states within the twenty first century and on the ecu as either an rising and leading edge strength. China's emerging strength prestige, India's local and international impression, Russia's re-emergence, and Brazil's starting to be local and overseas function are then analyzed relatively to provide an explanation for how the BRIC states are poised to develop into very important avid gamers not just in politics and economic system, but in addition in key foreign matters equivalent to terrorism, globalization, and weather change.
The booklet offers an in depth research of political, monetary, safeguard, and international coverage traits within the BRIC nations to handle such questions to whether they are going to search to revise the foreign order or paintings inside of it and the way they are going to take care of transnational worldwide difficulties. utilizing a distinct comparative technique, the textual content will attract undergraduate scholars in global politics, diplomacy, and overseas policy.
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Additional resources for Emerging Powers in a Comparative Perspective: The Political and Economic Rise of the BRIC Countries
Kim, “China’s Path to Great Power Status in the Globalization Era,” Asian Perspective, Vol. 27, No. 1. (2003), 35–75. 2 See Chapter 6 for details. 3 Jim O’Neill, “Building Better Economic BRICs,” Goldman Sachs, Global Economics Paper, No. goldmansachs. pdf 4 Andrea Ciambra, “‘Normative Power’ Europe: Theory and Practice of EU Norms,” Jean Monnet Working Paper No. fscpo. pdf 5 Daron Acemoglu, Simon H. Johnson, and James A. Robinson, “The Rise of Europe: Atlantic Trade, Institutional Change and Economic Growth,” Sloan School of Management, Massachusetts Institute of Technology, Working Paper No.
6. (November/December 2011), 173–84. 31 Fen Osler Hampson and Paul Heinbecker, “The ‘New’ Multilateralism of the Twenty-First Century,” Global Governance, Vol. 17, No. 3. (2011), 302. 32 John Williamson, “A Short History of the Washington Consensus,” Institute for International Economics, September 2004. ” Asia Policy, No. 13. (January 2012): 1–16. As Williamson explains, Joshua Cooper Ramo coined the term “Beijing Consensus” in 2004. See Ramo, The Beijing Consensus (London: Foreign Policy Centre, 2004).
Americans bought Chinese consumer products, and China invested its profits in the USA. 29 Perhaps more significant is the fact that Japan has a positive trade balance with China. US-China trade statistics can be interpreted from differing perspectives. 32 China invested profits from foreign exports in financial products, such as US treasury bonds as well as direct foreign investment in the USA and other states. 33 28 EMERGING POWERS IN A COMPARATIVE PERSPECTIVE China’s economic growth rate in the first decade of the twenty-first century eclipsed that of most Western countries, which were treading water or growing very slowly, especially after the 2008 global recession.
Emerging Powers in a Comparative Perspective: The Political and Economic Rise of the BRIC Countries by Vidya Nadkarni, Norma C. Noonan