BRICS+: a Wake-Up Call for the G7?

• Kamin, Katrin ^[1] ; Langhammer, Rolf J. ^[1]
  1. [1] Kiel Institute for the World Economy

     Kiel Institute for the World Economy

     Kreisfreie Stadt Kiel, Alemania

     
• Localización: Cuadernos económicos de ICE, ISSN 0210-2633, ISSN-e 2340-9037, Nº 107, 2024 (Ejemplar dedicado a: Economía política de la desglobalización), págs. 133-145
• Idioma: inglés
• DOI: 10.32796/cice.2024.107.7802
• Títulos paralelos:
  • BRICS+: ¿una llamada de atención para el G7?
• Enlaces
  • Texto completo
• Resumen
  • español

    El artículo explora si la dinámica cambiante de los BRICS influye potencialmente en la formación de bloques económicos y políticos e investiga si los BRICS+ pueden servir de contrapeso geoeconómico al G7. Evaluando el impacto de la dotación de recursos, las relaciones comerciales, los regímenes políticos y el papel de los mercados financieros de los miembros del BRICS+ en el panorama económico y político mundial, el artículo analiza la importancia geopolítica de los BRICS y las respuestas del G7. Concluimos que los BRICS sirven de llamada de atención para el G7, instando a una reevaluación de los lazos políticos y económicos ante un escenario mundial cambiante.

  • English

    The paper explores whether the changing dynamics of the BRICS potentially influence the formation of economic and political blocs and investigates whether BRICS+ can serve as a geoeconomic counterweight to the G7. Evaluating the impact of resource endowment, trade relations, political regimes, and financial market roles of BRICS+ members on the global economic and political landscapes, the article discusses the geopolitical importance of BRICS+, and the G7 responses. We conclude that the BRICS+ serve as a wake-up call for the G7, urging a reassessment of political and economic ties in the face of a changing global scenario.

• Referencias bibliográficas
  • Acemoglu, D., & Robinson, J. A. (2012). Why nations fail: the origins of power, prosperity, and poverty. Finance and Development, 49(1),...
  • Acemoglu, D., Naidu, S., Restrepo, P., & Robinson, J. A. (2019). Democracy does cause growth. Journal of political economy, 127(1), 47-100.
  • Baskaran, G., & Cahill, B. (2023, August 25). Six New BRICS: Implications for Energy Trade. Center for Strategic and International Studies....
  • Bertelsmann Transformationsindex. (2022). Trend zu autoritärem Regieren hält an - Demokratie weltweit unter Druck.
  • Boese, V. A. (2021, June 25). Demokratie in Gefahr? Aus Politik und Zeitgeschichte.
  • Boese, V. A., Edgell, A. B., Hellmeier, S., Maerz, S. F., & Lindberg, S. I. (2021). How democracies prevail: democratic resilience as...
  • Brotto Reigado, A., & Evenett, S. J. (2023). On trade & industrial policy mix the BRICS group are different (briefing n.º 11). Zeitgeist...
  • Coppedge, M., Gerring, J., Knutsen, C. H., Lindberg, S. I., Teorell, J., Altman, D., Bernhard, M., Cornell, A., Steven Fish, M., Gastaldi,...
  • Coppedge, M., Gerring, J., Knutsen, C. H., Lindberg, S. I., Teorell, J., Altman, D., Angiolillo, F., Bernhard, M., Borella, C., Cornell, A.,...
  • Farrell, H., & Newman, A. L. (2019). Weaponized interdependence: How global economic networks shape State coercion, International Security,...
  • Godart, O., Abel, P., Bode, E., Heimann, T., Herrmann, C., Kamin, K., Peterson, S., & Sandkamp, A. (2023). Resilienz der Langfriststrategie...
  • Görg, H., & Kamin, K. (2021). Globalisierung trifft Geoökonomie. Wirtschaftsdienst, 101(11), 854-857. https://www.wirtschaftsdienst.eu/inhalt/jahr/2021/heft/11/beitrag/globalisierung-trifft-geooekonomie.html
  • Grimm, V., Malmendier, U., Vorsitzende, M.S., Truger, A., & Werding, M. (2022). Energiekrise solidarisch bewältigen, neue realität gestalten....
  • Hegre, H. (2014). Democracy and armed conflict. Journal of Peace Research, 51(2), 159-172. Huntington, S. P. (1993). The third wave: Democratization...
  • International Monetary Fund. (2023). World Economic Outlook: Navigating Global Divergences.
  • Knutsen, C. H. (2012). Democracy and economic growth: A survey of arguments and results. International Area Studies Review, 15(4), 393-415.
  • Knutsen, C. H. (2020). The business case for democracy. V-Dem. Working Paper, 111. University of Gothenburg, V-Dem Institute.
  • Lührmann, A., & Lindberg, S. I. (2019). A third wave of Autocratization is here: what is new about it? Democratization, 26(7), 1095-1113.
  • Lührmann, A., Tannenberg, M., & Lindberg, S. I. (2018). Regimes of the World (RoW): Opening New Avenues for the Comparative Study of Political...
  • Murshed, S. M., Bergougui, B., Badiuzzaman, M., & Pulok, M. H. (2022). Fiscal Capacity, Democratic Institutions and Social Welfare Outcomes...
  • Pinker, S. (2012). The better angels of our nature: Why violence has declined. Penguin Books.
  • Pisani-Ferry, J. (2021, September 30). The Geopolitical Conquest of Economics. Project Syndicate.
  • Singh, A. G. (2022). BRICS and BRI: China Aims for Strategic Alignment. ORF Issue Brief n.º 591. Observer Research Foundation.
  • Statista Research Department. (2024, February 13). BRICS and G7 countries' share of the world's total gross domestic product (GDP)...
  • Varieties of Democracy Index. (2024). https://v-dem.net/data_analysis/CountryGraph/
  • World Bank(a). Fuel exports (% of merchandise exports). World Bank staff estimates
  • through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division. https://data.worldbank.org/indicator/TX.VAL.FUEL.ZS.UN
  • World Bank(b). GDP (current US$). World Bank national accounts data, and OECD National Accounts data files. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
  • World Bank(c). GDP growth (annual %). World Bank national accounts data, and OECD National Accounts data files. https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG
  • World Bank(d). Population, total. (1) United Nations Population Division. World Population Prospects: 2022 Revision. (2) Census reports and...
  • World Bank(e). Trade (% of GDP). World Bank national accounts data, and OECD National Accounts data files. https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS