Tag Archives: India

Let’s talk about BRICS

Some time ago, aspirations were high for setting new standards for social, political and economic developments in the BRICS countries. The hope was that these developments would diverge from those of America and Germany, from an increase in authoritarian behaviors in China, and from the lack of cohesion observed in the EU.

But now, as we scrutinize the state of affairs in the BRICS countries more closely, we find that Brazil has become notorious for hyper-corruption. Russia has become well known for breaking international rules and for its addiction to energy resources. India currently stands out for its bureaucracy and a fundamentalist Hinduism revival. China shows evidence of increasingly volatile cultural cleavages, and South Africa is plagued by significant uncertainties in governance. In short, where we previously expected to see new models for the future, there are multiple causes for concern.

Our questions are thus: Does it still make sense to address these five countries as a group, to see them as having numerous and significant similarities?

And, given the current characteristics of populism in these BRICS countries, are there any indicators for future trajectories of development that may support our previous expectations?

-Klaus Segbers

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