BRICS and multipolarisation of the global order: It works for India
By: Nafey, Abdul and Kashyap,Aprajita
.
Material type: 
BookPublisher: Indian Foreign Affairs Journal Description: 17(3-4), Dec, 2022: p.170-189.
In:
Indian Foreign Affairs JournalSummary: The 15th summit of the five-nation BRICS (Brazil, Russia, India, China and
South Africa) grouping was held in Johannesburg, South Africa on 22-23
August 2023. The event drew unusual interest for its three key subjects: (i)
the conflict in Ukraine; whether BRICS would formulate a common position
on the conflict where one of the BRICS is involved? (ii) expansion of BRICS
that has geopolitical and economic implications. Who would be in, and for
what drew global interest? (iii) De-dollarisation was another major theme for
discussion: how to reduce the dependence on the US dollar, and whether
trade in local currency would work?
India had its own specific concerns. It has maintained an independent
stance on Ukraine. What would be India’s response in case Russia and China sought to leverage the BRICS grouping in their growing conflict with the West? Is China’s proposed expansion a ploy to pack the BRICS grouping with its ‘yes-men’? Using local currency in cross-border trade is desirable. But would de-dollarisation mean increased use of Chinese renminbi in cross-
border transactions?
The present article gives section-length treatment to each of the three
aforementioned issues. A separate section ‘deconstructs’ BRICS to identify
its core historical and philosophical values. The fifth and final section
conceptualises BRICS in the context of contemporary theories and practices
of international relations. Needless to add, India has made contributions to the
thoughts and practices of the BRICS, which are highlighted in the article- Reproduced
https://www.jstor.org/stable/48772508?seq=1
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
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Indian Institute of Public Administration | 17(3-4), Dec, 2022: p.170-189 | Available | AR132256 |
The 15th summit of the five-nation BRICS (Brazil, Russia, India, China and
South Africa) grouping was held in Johannesburg, South Africa on 22-23
August 2023. The event drew unusual interest for its three key subjects: (i)
the conflict in Ukraine; whether BRICS would formulate a common position
on the conflict where one of the BRICS is involved? (ii) expansion of BRICS
that has geopolitical and economic implications. Who would be in, and for
what drew global interest? (iii) De-dollarisation was another major theme for
discussion: how to reduce the dependence on the US dollar, and whether
trade in local currency would work?
India had its own specific concerns. It has maintained an independent
stance on Ukraine. What would be India’s response in case Russia and China sought to leverage the BRICS grouping in their growing conflict with the West? Is China’s proposed expansion a ploy to pack the BRICS grouping with its ‘yes-men’? Using local currency in cross-border trade is desirable. But would de-dollarisation mean increased use of Chinese renminbi in cross-
border transactions?
The present article gives section-length treatment to each of the three
aforementioned issues. A separate section ‘deconstructs’ BRICS to identify
its core historical and philosophical values. The fifth and final section
conceptualises BRICS in the context of contemporary theories and practices
of international relations. Needless to add, India has made contributions to the
thoughts and practices of the BRICS, which are highlighted in the article- Reproduced
https://www.jstor.org/stable/48772508?seq=1
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