Abstract
Global governance is widely acknowledged to have been in deepening crisis ever since the 2008 global financial meltdown. This chapter investigates the question of whether new international institutions such as BRICS fit into and complement the new order. Second, this article will attempt to address whether the BRICS agenda is developed enough to respond to the challenges of the more decentralised international system that is currently developing.
The chapter addresses three questions. First, do the BRICS countries share the same vision of multipolarity so as to collaborate in the international arena in promoting the new reformed order? Second, is BRICS institutionalised sufficiently, compared to similar clubs, to be capable of carrying out its functions effectively? Third, has the BRICS agenda evolved into something universal and broad enough to be relevant to other participants in the international system?
The arguments presented in this chapter demonstrate that BRICS seems to be on a par with its peers in terms of its economic, financial and security policies. It has developed a significant degree of institutionalisation to structure these policies, and its member countries share common ideologies and values.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
10th BRICS Summit Johannesburg Declaration. (2018). BRICS in Africa: Collaboration for inclusive growth and shared prosperity in the 4th industrial revolution. Sandton convention centre Johannesburg, South Africa 25 to 27 July 2018. Accessed January 26, 2019, from http://www.brics.utoronto.ca/docs/180726-johannesburg.html
Abdenur, A. E. (2014). China and the BRICS development bank: Legitimacy and multilateralism in south–south cooperation. IDS Bulletin, 45(4), 85–101.
Abdenur, A. E. (2017). Can the BRICS cooperate in international security. International Organisations Research Journal, 12(3), 73–93.
Acharya, A. (2014). Global international relations (IR) and regional worlds: A new agenda for international studies. International Studies Quarterly, 58(4), 647–659.
Aggarwal, V., & Morrison, C. (1999). APEC as an international institution. Working Paper presented at the Twenty-fifth Meeting of PAFTAD, Osaka.
APEC. (2013). APEC strengthens its efforts against terrorist financing. Accessed January 20, 2019, from https://www.apec.org/Press/News-Releases/2013/1115_financing
APEC. (2018a). Asia-Pacific economic cooperation. Accessed January 20, 2019, from https://www.apec.org/About-Us/About-APEC
APEC. (2018b). Asia-Pacific economic cooperation. Accessed January 20, 2019, from https://www.apec.org/About-Us/APEC-Secretariat
Armijo, L. E., & Roberts, C. (2014). The emerging powers and global governance: Why the BRICS matter. In Handbook of emerging economies (pp. 503–520). London: Routledge.
Bailin, A. (2017). From traditional to group hegemony: The G7, the liberal economic order and the core-periphery gap. London: Routledge.
Bayne, N. (1997). History of the G7 summit: The importance of American leadership. Retrieved from http://www.g8.utoronto.ca/annual/bayne1997/document.html
Bijian, Z. (2005). China’s ‘peaceful rise’ to great-power status. Foreign Affairs, 84(5), 18–24.
Bremmer, I., & Roubini, N. (2011). AG-zero world-the new economic club will produce conflict, not cooperation. Foreign Affairs, 90(2), 2–7.
Chebankova, E. (2017). Russia’s idea of the multipolar world order: Origins and main dimensions. Post-Soviet Affairs, 33(3), 217–234.
Cheng, J. Y. (2015). China’s approach to BRICS. Journal of Contemporary China, 24(92), 357–375.
Duggan, N. (2015). BRICS and the evolution of a new agenda within global governance. In The European Union and the BRICS (pp. 11–25). Cham: Springer.
Finnemore, M. (2009). Legitimacy, hypocrisy, and the social structure of unipolarity: Why being a unipole isn’t all it’s cracked up to be. World Politics, 61(1), 58–85.
Gilpin, R. (1983). War and change in world politics. Cambridge: Cambridge University Press.
Haas, E. B. (1964). Beyond the nation-state. Stanford, CA: Stanford University Press.
Haass, R. N. (2008). The age of nonpolarity: What will follow US dominance. Foreign Affairs, 87(3), 44–56.
Hall, P. A., & Taylor, R. C. (1996). Political science and the three institutionalisms. Political Studies, XLIV, 936.
Hopf, T. (2013). Common-sense constructivism and hegemony in world politics. International Organisation, 67(2), 317–354.
Hurrell, A. (2006). Hegemony, liberalism and global order: What space for would-be great powers? International Affairs, 82(1), 1–19.
Ikenberry, G. J. (2011). Liberal leviathan. The origins, crisis and transformation of the American world order. Princeton: Princeton University Press.
Keohane, R. O. (2005). After hegemony: Cooperation and discord in the world political economy. Princeton: Princeton University Press.
Kirton, J. J. (2005). From collective security to concert: The UN, G8 and global security governance. Retrieved from http://www.g8.utoronto.ca/scholar/kirton2005/kirton_montreal2005.pdf
Kirton, J. J., & Larionova, M. (Eds.). (2015). The G8–G20 relationship in global governance. Farnham: Ashgate Publishing Ltd.
Kissinger, H. (2014). World order. London: Penguin.
Krauthammer, C. (1990). The unipolar moment. Foreign Affairs, 70, 23.
Kupchan, C. (2012). No one’s world: The west, the rising rest, and the coming global turn. New York: Oxford University Press.
Lee, J. S. (2005). Talking security in the APEC. Paper Presented for the APEC study center consortium conference/PECC trade forum.
Lesage, D., & Vercauteren, P. (2009). Contemporary global governance: Multipolarity vs new discourses on global governance (Vol. 9). Brussels: Peter Lang.
Makarychev, A. (2011). Russia in a multipolar world: Role identities and “cognitive maps”. Revista CIDOB d’afers internationals, 96(12), 1–19.
Makarychev, A., & Morozov, V. (2011). Multilateralism, multipolarity, and beyond: A menu of Russia’s policy strategies. Global Governance, 17(3), 353–373.
Mearsheimer, J. J. (2001). The tragedy of great power politics. New York: WW Norton & Company.
Men, J. (2007). The EU-China strategic partnership: Achievements and challenges. European Union Center of Excellence, European Studies Center, University of Pittsburgh.
Mitrany, D. (1975). The functional theory of politics. London: London School of Economics and Political Science.
Moravcsik, A. (1997). Taking preferences seriously: A liberal theory of international politics. International organisation, 51(4), 513–553.
Morgenthau, H. (1948). Politics among nations. New York: Alfred Knopf.
Murray, D., & Brown, D. (2012). Multipolarity in the 21st century: A new world order. London: Routledge.
Nye, J. S. (2011). The future of power. New York: Public Affairs.
Paul, T. V. (2016). Accommodating rising powers: Past, present, and future. Cambridge: Cambridge University Press.
Paul, T. V. (2018). Restraining great powers: Soft balancing from empires to the global era. New Haven: Yale University Press.
Penttilä, R. E. (2003). Chapter 1: The G8 as a concert of powers. Adelphi Series, 43(355), 17–32.
Ping, J. (2013). BRICS’ path explorations in international peace and security dilemmas. Department of higher education and training: Republic of South Africa. Retrieved from http://www.dirco.gov.za/department/bricks__fifth_book2014.pdf
Raby, G. (2003). The costs of terrorism and the benefits of cooperating to combat terrorism. Paper presented at Secure trade in the APEC region (STAR) conference.
Rambouillet Declaration. (1975). Accessed April 18, 2019, from https://www.mofa.go.jp/policy/economy/summit/2000/past_summit/01/e01_a.html
Reus-Smit, C. (1999). The moral purpose of the state: Culture, social identity, and institutional rationality in international relations (Vol. 83). Princeton: Princeton University Press.
Rosamond, B. (2000). Theories of European integration. London: Palgrave Macmillan.
Ruggie, J. G. (1998). What makes the world hang together? Neo-utilitarianism and the social constructivist challenge. International Organisation, 52(4), 855–885.
Strange, S. (1988). States and markets. London: Continuum.
Tsygankov, A. P. (2014). Contested identity and foreign policy: Interpreting Russia’s international choices. International Studies Perspectives, 15(1), 19–35.
Tsygankov, A., & Tsygankov, P. (2010). National ideology and IR theory: Three incarnations of the ‘Russian idea’. European Journal of International Relations, 16(4), 663–686.
Van Ham, P. (2015). The BRICS as an EU security challenge: The case for conservatism. Clingendael: Clingandael Institute.
Walt, S. M. (2006). Taming American power: The global response to US primacy. New York: WW Norton & Company.
Waltz, R. (1979). Theory of international politics. New York: McGraw Hill.
Wendt, A. (1999). Social theory of international politics. Cambridge: Cambridge University Press.
Wohlforth, W. C. (1999). The stability of a unipolar world. International Security, 24(1), 5–41.
Zakaria, F. (2008). The post-American world (p. 4). New York: WW Norton & Company.
Zarsky, L., & Hunter, J. (1997). Environmental cooperation at APEC: The first five years. The Journal of Environment & Development, 6(3), 222–251.
Acknowledgements
Maxim Bratersky would like to acknowledge gratefully that his chapter was supported by the Russian Foundation for Basic Research (grant number 19-014-00038) on ‘Security Architecture in Greater Eurasia: Conditions, Perspectives, and Opportunities for Russia’.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Bratersky, M. (2020). Is BRICS Capable of Filling the Vacuum in Global Governance?. In: Grigoryev, L., Pabst, A. (eds) Global Governance in Transformation. Springer, Cham. https://doi.org/10.1007/978-3-030-23092-0_9
Download citation
DOI: https://doi.org/10.1007/978-3-030-23092-0_9
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-23091-3
Online ISBN: 978-3-030-23092-0
eBook Packages: Political Science and International StudiesPolitical Science and International Studies (R0)