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dc.contributor.authorJha, Praveen*
dc.contributor.authorChakraborty, Amit*
dc.date.accessioned2015-03-13T12:36:59Zen
dc.date.available2015-03-13T12:36:59Zen
dc.date.issued2013-05-01
dc.identifier.urihttp://hdl.handle.net/10546/346591
dc.descriptionThis paper examines the rapid growth of the 'emerging economies' of the BRICS countries (Brazil, Russia, India, China and South Africa) in the global economic and geo-political arena. It challenges some of the celebration of BRICS' achievements by highlighting remaining issues within their economies. Even after several BRICS Summits and after establishing Development Banks and an Action Plan for 2012-2016, unresolved issues for the grouping include: large regional disparities; growing inequalities; substantial unemployment; and significant levels of poverty. In looking ahead, this paper concludes that emerging economies should not try to replicate the lifestyles of advanced capitalism, but rather to establish a way to sustainably develop the global South.en_US
dc.format.extent20en_US
dc.format.mimetypePDFen_US
dc.language.isoEnglishen_US
dc.publisherOxfam Indiaen_US
dc.relation.ispartofseriesOxfam India Working Papersen_US
dc.relation.urlhttps://policy-practice.oxfam.org.uk/publications/brics-in-the-contemporary-global-economy-prospects-and-challenges-346591
dc.subjectEconomics
dc.subjectGovernance and citizenship
dc.titleBRICS in the Contemporary Global Economy: Prospects and challengesen_US
dc.typeDiscussion paperen_US
oxfam.signoff.statusFor public use. Can be shared outside Oxfam.en_US
oxfam.subject.countryIndiaen_US
oxfam.subject.keywordFinanceen_US
dc.year.issuedate2013en_US
refterms.dateFOA2018-08-17T13:58:50Z


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