Conclusions: The BRICS - ascendancy, decline or plateau?

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Hiscock, M., & Lo, V.I. (2014). Conclusions: The BRICS - ascendancy, decline or plateau? In V.I. Lo, and M. Hiscock (Eds.), The rise of the BRICS in the global political economy: Changing paradigms? (pp. 308-312). Cheltenham, United Kingdom: Edward Elgar Publishing.

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© Copyright, Vai Io Lo and Mary Hiscock, 2014. All rights reserved.

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Extract: At the beginning of our discussion, we asked whether the BRICS is a loosely formed intergovernmental network or a powerful economic bloc that can effect paradigmatic changes in the world economy, or is it merely a pressure group that can raise awareness of the imperfections in an unbalanced and dysfunctional global political economy? There is no doubt that the BRICS is presently a platform for international cooperation and dialogue with a rich and ambitious agenda, but will it or can it go further?

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