Advanced master thesis | Political Science (Advanced Master)
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The BRICS countries (Brazil, Russia, India, China, and South Africa), now a nascent political grouping of powerful emerging market economies, began as little more than an economic idea. A report...Show moreThe BRICS countries (Brazil, Russia, India, China, and South Africa), now a nascent political grouping of powerful emerging market economies, began as little more than an economic idea. A report published by a prominent financial firm coined the term “BRICS” because of their similar economic sizes and future market potential. The report never considered the possibility of these countries forming a grouping. When the global financial crisis began 2007, the BRICS saw an opportunity for cooperation. Naturally, their greatest common interests were to reform this failing financial system. This study examines the factors that explain BRICS cooperation to understand how they contribute to their contemporary degree of cooperation.Show less
