541. The BRICS Fallacy
- Author:
- Harsh V. Pant
- Publication Date:
- 10-2013
- Content Type:
- Journal Article
- Journal:
- The Washington Quarterly
- Institution:
- Center for Strategic and International Studies
- Abstract:
- The term BRICS_/referring to the association of emerging economies of Brazil, Russia, India, China, and South Africa_/dominated the headlines in March 2013 as Durban hosted the annual group summit. South African President Jacob Zuma suggested that the nascent organization's leadership has ''firmly established BRICS as a credible and constructive grouping in our quest to forge a new paradigm of global relations and cooperation.'' The meeting resulted in a much-/hyped proposal to create a joint BRICS development bank that would finance investments in developing nations.
- Political Geography:
- Russia, China, India, South Africa, and Brazil