Vlad, Liviu Bogdan; Hurduzeu, Gheorghe; Josan, Andrei; Vlăsceanu, Gheorghe
May 2011
Romanian Review on Political Geography / Revista Româna Geograf;May2011, Vol. 13 Issue 1, p48
Academic Journal
The rise of "emerging powers" -- a group that usually includes the so-called BRIC (Brazil, Russia, India, and China) but which sometimes is applied more broadly to include South Africa, Mexico and other nations -- is reshaping the global economy and, more gradually, international politics. Growing much faster than the rest of the world, these economies are changing the structure of international production and trade, the nature and direction of capital flows, and the patterns of natural resource consumption. At the same time, the growth of these countries is beginning to shift the global distribution of power, forcing the great powers to come to terms with reality that they will need to share management of international rules and systems in the coming decades. During the last years, the world has been confronted with a series of unparalleled crises: from the environmental crisis, to the energy crises, the food crisis. In this context, we may raise the question of the role and the contribution of the countries belonging to BRIC in the approach to the resolution of the fundamental problems of the global international system. Will it put an end to the continuous growth of the crisis of these economies? Will the countries belonging to the BRIC manage to protect themselves from this global trend? Or this crisis represents an opportunity for them to decisively contribute to the stabilization and growth of the world economy?


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