000 01687nam a22001577a 4500
999 _c522014
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008 230307b ||||| |||| 00| 0 eng d
100 _aDuggan, N., Azalia, J.C.L. and Rewizorski
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245 _aThe structural power of the BRICS (Brazil, Russia, India, China and South Africa) in multilateral development finance: A case study of the new development bank
260 _aInternational Political Science Review
300 _a43(4), Sep, 2022: p.495-511
520 _aThe emergence of the BRICS (Brazil, Russia, India, China and South Africa) as an alternative force to the West has ignited a debate within the discipline of international political economy on the nature of the group’s rise. Global governance scholars either debate the role of the BRICS in transforming the world order (playing the game) or focus on the domestic sources of the BRICS nations’ preference formation (the position of states within the game). This article goes beyond the game-versus-player debate, by focusing on the structural power of the BRICS to ‘change the rules of the game’. The article investigates how the BRICS-created New Development Bank as an alternative circuit for actors to exchange goods in the area of development finance has been integrated into global governance. The article argues that the New Development Bank does not grant the BRICS the structural power needed to change the rules and norms that underpin the game. – Reproduced
650 _aBRICS, Global governance, Structural power, Emerging markets and developing countries, New development bank
_936639
773 _aInternational Political Science Review
906 _aGLOBAL GOVERNANCE
942 _cAR