THE BRICS’ CENTRIFUGAL GEOPOLITICAL ECONOMY

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Abstract


The article is dedicated to the analysis of centrifugal tendencies within the framework of BRICS and to their influence on the processes, proceeding in the system of global world. Factors, which stimulate these tendencies are examined. The author considers that, in spite of positive potential and the notable position, which the countries of BRICS play under the conditions of global crisis phenomena, by their present economic policy they contribute to the sanitation “of imperialism”; activate the negative manifestations of the global “crisis of capitalism”. In the author’s the opinion multipolarity strengthens the neoliberal nature of institutes, especially in spheres of finances, trade and climate. The corporations, which are based in the countries of BRICS, demonstrate super-exploitation in the course of the accumulation of capital both in their regions and beyond their limits. The article is based on comprehension of documents of international organizations, including UNCTAD, analytics views, sometimes adhering to contrary opinions. The main aim of the author is to prove the possibility to move in positive direction. The article contains the claim to the society of BRICS members to consider summit of BRICS in Johannesburg in 2018 as an invitation for serious discussion of the problems of contemporary global policy.


About the authors

Patrick Bond

University of the Witwatersrand

Author for correspondence.
Email: pbond@mail.ngo.za

Professor of Political Economy, University of the Witwatersrand, Johannesburg, South Africa

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