The Political Economy of the BRICS Countries

Over the past 20 years, social scientists, government officials, and investors have expressed mounting interest in the BRICS countries, which include Brazil, Russia, India, China and South Africa. These countries are widely viewed as both key actors in the global economy and important regional powers. The Political Economy of the BRICS Countries is a three-volume set that aims to address various crucial issues regarding these countries.Volume 1 analyzes whether economic growth in the BRICS countries has been broad-based and promoted equitable economic and social outcomes. The authors examine specific dimensions of growth in these five economies that constrain their ability to act effectively and cohesively in international affairs.Volume 2 considers how the BRICS have affected global economic governance and the international political economy.Volume 3 provides various approaches to economic informality in the BRICS. Moreover, the chapters deal with several connections between informality and important political, economic, and institutional phenomena such as economic globalization and international aid, economic development, political regimes, social capital, political networks and political participation, labor market rules, and social policy preferences.The BRICS countries have attracted rising attention over the past two decades. The volumes provide an in-depth analysis of various key issues regarding these countries and chart a course for future research.Contents: Volume 1: BRICS: The Quest for Inclusive Growth: BRICS: The Political Economy of Non-Inclusive Growth (Biju Paul Abraham) Future of BRICS as an Economic Block: Does Macroeconomic Heterogeneity and Unshared Political Mandate Stand in Its Way? (Partha Ray) China's and India's Economic Performance After the Financial Crisis: A Comparative Analysis (R Nagaraj) Inter-Group Disparities in Growing Economies: India Among the BRICS (Achin Chakraborty and Simantini Mukhopadhyay) Inequality and Poverty in India and Brazil Since the 1990s: A Comparative Analysis (Sripad Motiram) Sustainable Development and BRICS: Unity Amid Diversity? (Anup Sinha) Universal Health Coverage in BRICS: What India Can Learn from the BRICS Experience? (Indrani Gupta and Samik Chowdhury) Inclusive Finance: India Through the BRICS Lens (Saibal Ghosh) Gender, Education, and Programma Bolsa Familia in Brazil (Aparajita Gangopadhyay) Volume 2: BRICS and the Global Economy: Understanding the BRICS Phenomenon: Brazil as a BRICS Country (Cristiane Lucena Carneiro) Russia in Global Economic Governance (Thilo Bodenstein) India and Global Governance (Rajesh Kumar) China and Global Economic Governance (Ka Zeng) South Africa, BRICS, and Global Governance: How SA Tried to Change the World and Succeeded in Changing Itself (Philip Nel) Regionalism and Foreign Aid: Emerging Economies — But Regional Powers? The BRICS and Regionalism (Tanja A Börzel and Thomas Risse) BRICS and Foreign Aid (Gerda Asmus, Andreas Fuchs, and Angelika Müller) Investment and Finance: BRICS and the Global Investment Regime (Yoram Z Haftel) Exchange Rate Policies of the BRICS (Andrew X Li) He Who Pays the Piper Calls the Tune: And the 'Relocation of the World's Credit Rating Center' Goes To? (Giulia Mennillo) Treaty Shopping and Unintended Consequences: BRICS in the International System (Julia Gray) Climate Negotiations and Energy Goverance: BRICS in the International Climate Negotiations (Axel Michaelowa and Katharina Michaelowa) The BRICS, Energy Security, and Global Energy Governance (Matteo Fumagalli) Representation, Fragmentation, and Legitimacy: BRICS and the International Financial Institutions: Voice and Exit (Ayse Kaya) The Representation of BRICS in Global Economic Governance: Reform and Fragmentation of Multilateral Institutions (Michal Parízek and Matthew D Stephen) Volume 3: Political Economy of Informality in BRIC Countries: Introduction: Political Economy Approaches to Informality and Recent Trends in BRIC Countries...