Читать книгу The Political Economy of the BRICS Countries - Группа авторов - Страница 71

The world has been changing with regard to the distribution of economic power. The USA, Europe, and Japan have all been caught in low growth traps. The powerhouse of economic activity has been shifting discernibly to countries like China and India. In such a world, it is important that global leadership in diplomacy and policy debates be provided by new nations. Arguably, in terms of the future, the problem of sustainable development remains on the top of the list of concerns. Acceptable solutions are hard to find. Implementing them is a further challenge. It calls for a new kind of thinking that approaches economic wealth creation, innovations, and new ideologies that define the ‘good life’ for future generations in a way that is different and fit for the future. The BRICS group fits the bill in many ways. However, despite the advantage of size and geographical dispersion, they have too many problems of their own. The global consensus and the shared vision necessary are still indistinct. There is an opportunity for BRICS to take up global leadership in this context. Whether they succeed or not remains to be seen. It might be a tough ask. If they fail, however, the result may be costly for the future of humanity.