Cynthia Roberts, Leslie Armijo, Saori Katada

Broschiertes Buch

Brics and Collective Financial Statecraft

Beschreibung

In the early 21st century, five rising powers (Brazil, Russia, India, China, and South Africa) formed an exclusive international club, the BRICS. Although not extreme revisionists, the BRICS recognize an ongoing global power shift and contest the West's pretensions to permanent stewardship of the existing economic order. Together they exercise collective financial and monetary statecraft to achieve larger foreign policy goals. The BRICS share common resentments-of U.S. dominance of the global financial system, of playing junior roles in economic governance, and of serving as frequent targets of financial sanctions. They also share common objectives, such as obtaining greater financial autonomy and influence within the Bretton Woods institutions. Their financial statecraft ranges from pressure for the internal reform of international organizations and markets to operating outside the system through the creation of both new multilateral institutions and opportunity structures in international financial markets. To the surprise of many observers, the joint actions of the BRICS have been largely successful. The BRICS' future depends not only on their bargaining power and ability to successfully adjust to market shifts, but also on their ability to overcome domestic impediments to sustainable economic growth, which is the ultimate basis for their international influence.

Autor

Cynthia Roberts is Associate Professor of Political Science at Hunter College, CUNY; Senior Associate at the Saltzman Institute of War and Peace Studies and Adjunct Associate Professor of International Affairs at Columbia University. Her research focuses on the BRICS, international power shifts, and the liberal world order, and the strategies of major powers. She received her M.A., M.Phil. and Ph.D. from Columbia University and Certificate from the Harriman Institute. Leslie Elliott Armijo teaches Political Economy and Development at the School for International Studies, Simon Fraser University, and has held Visiting Professorships in Brazil (2015) and Germany (2011). She investigates the politics of national and international economic policymaking, and their relationship to democratic consolidation, especially in Brazil, India, and large emerging economies. She holds degrees from Cornell University (B.A.) and the University of California, Berkeley (Ph.D). Saori N. Katada is Associate Professor at School of International Relations at University of Southern California. Katada is the author of several books and numerous articles on trade, financial and monetary cooperation in East Asia and foreign aid. She has her Ph.D. from the University of North Carolina at Chapel Hill (Political Science) and B.A. from Hitotsubashi University (Tokyo). Before joining USC, she worked at the World Bank (Washington D.C.), and the UNDP (Mexico City).

Produktdetails

• Verlag: Oxford University Press
• Seitenzahl: 284
• Erscheinungstermin: 1. November 2017
• Englisch
• Abmessung: 234mm x 156mm x 17mm
• Gewicht: 488g
• ISBN-13: 9780190697525
• ISBN-10: 0190697520
• Artikelnr.: 48808955