Brics in danger of collapsing as members fail to cohere

Brics in danger of collapsing as members fail to cohereWITH China’s economy in slowdown mode and continuing to cause turmoil across the world, doubts have once again surfaced about the prospects of the Brics bloc (Brazil, Russia, India, China and SA).

Economic growth has been vital to sustaining the rise of the five emerging powers on the international stage. They played a pivotal role in enabling developing economies to weather the global financial crisis of 2008-09, with Brazil, Russia, India and China heralded as the main drivers of future growth in the global South.

However, the "big five" are in trouble. China is experiencing its lowest rate of growth — 7% in the second quarter of this year — in 25 years. India has matched China’s growth but has not met expectations. Brazil and Russia are both in recession. SA’s economy is contracting.


About The Project

Funded by the Open Society Foundation for South Africa (OSF-SA), the project focuses on the changing dynamics and implications of South- South cooperation, in the context of South Africa's avowed commitment to this cause in its international relations. The need to understand the complexities of South-South dynamics and their implications for foreign policy is particularly urgent for South Africa, which, while working to advance South-South multilateralism, must also contend with the corresponding need to remain true to other universal values underpinning its foreign policy as well as guarantee the specific interests of its immediate environment, that is, the African continent.

Key Themes

In recent times, South-South cooperation has received renewed attention, inspired mainly by the emergence of new southern clubs such as IBSA, BRICS and CELAC. This trend reflects a growing push by developing countries to respond to current global challenges in a coherent and concerted manner.


Aims and Objectives of The Project

The aim of the project is therefore to contribute, through critical research and dialogue, towards a nuanced understanding of contemporary South-South cooperation. In particular, it seeks to appreciate the basis on which countries in the South cooperate or compete with one another, and the implication of these dynamics for South Africa's policy.


Contact details
Address:   3rd Floor Robert Sobukwe Building
263 Nana Sita Street
South Africa

PO Box 14349
The Tramshed
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      Telephone:   +2712 337 6082
      Fax:   +2786 212 9442
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