BRICS - an international association that modern experts consider to be very promising in terms of economic and perhaps political cooperation between its member countries.When the interaction of states in the framework of this union is the most active?What are the prospects for attracting additional countries?
BRICS: the nuances of name
BRICS - including well-known and highly influential, according to many experts, international organizations.There is an interesting aspect of the BRICS - decoding.Interesting also the history of the origin of this abbreviation.It stands for, of course, is simple.But first it has to be translated into the language of origin.Originally the acronym sounds like the BRICS.Each letter - the first in the name of each BRICS.List of States of the Union the following:
- Brazil (Brazil);
- Russia (Russia);
- India (India);
- China (China);
- South Africa (South African Republic).
Thus, the association in question, form the five states.
But initially there were 4. The abbreviation in the first version of it invented by Jim O'Neill - American economist at Goldman Sachs.When publishing one of the accounting documents of the bank in 2001, he used the acronym BRIC, identify forward-looking developing States, which included the above mentioned us, except for South Africa.Jim allocated, so Brazil, Russia, India and China as a country, which can be profitable to invest because of their rapid economic growth.
of Government noted, according to many analysts, to a certain extent praised the expert opinion from Goldman Sachs and began to interact periodically for finding common ground in economic development.Since 2006, according to the common version, at the initiative of Vladimir Putin's meeting between heads of state of the BRIC, as well as with the participation of senior officials of these countries have been held regularly.In 2011, along with the acronym BRIC (in connection with the convergence of nations forming the association, with the Republic of South Africa) in the world press began to appear more often a word - BRICS.Explanation of the country, marked by Jim O'Neill, then South Africa and completely arranged.The sequence of letters means absolutely nothing in terms of the influence of a state - it is chosen based on the principles of euphony.
Organizational bases
BRICS - is an interstate association, but not officially a modern structure like NATO or the UN.She does not have a single focal point, headquarters.However, quite often it is called "organization".Among the key events, in which all the countries that form the association, - the BRICS summit.Meetings are held in different countries.Consolidating the basis of the activities of this international structure, as we have noted above - economic integration.Another key objective facing the BRICS - is to promote the modernization of the economic systems of developing countries.Therefore, experts believe, to this international structure may be in the near future to join the new countries with economies in transition.
Thus, the BRICS - is an association, which was created to jointly address problems of an economic nature.The political aspect of the interaction of the group, according to many experts, is expressed rather weakly.However, there is potential for increased co-operation of the respective component.Consider this nuance detail.
political dimension of cooperation
Actually, the principles of determining how to sound the acronym BRICS, deciphering what countries are included in the Union are mainly characterized by the economic base.States under review, consolidated associations based on the fact that their economic systems are in transition, and at the same time dynamically developing.And because, as we have noted above, the prospects for transforming this into a political union has long voiced virtually any of the leaders of these nations.In general, this position is held by the heads of BRICS today.
However, many experts say the fact that Russia and China are somehow influence the political situation in the world, at least for the reason that come on a regular basis in the UN Security Council.And that is why - despite the fact that as long as the relevant aspects of cooperation in BRICS expressed not too much - experts estimate the potential of the Union in the political context is very high.It is believed that even now, in the current situation on the world stage BRICS countries share common principles of problem solving.So in the future, experts say, the cooperation between the states of the union at the political level can be sufficiently active.
Economy BRICS
In terms of the scale of the national economic systems of the countries that make up the BRICS, the association - including the most powerful in the world.For about 27% of world GDP accounted for five of the test.The dynamics of growth of the economies of the BRICS countries, especially China, allows some economists say that an appropriate share of the international group in the world economy will continue to grow.
It may be noted that the BRICS countries have some economic specialization, causes the competitive advantage of a state.It is rather conventional, but largely reflects the specific structure of national economic systems.In particular, Russia's economy is strong at the expense of natural resources, Chinese - at the expense of industry, India - thanks to the intellectual resources, Brazil - due to development of agriculture, South Africa - as in the case with the Russian Federation, by virtue of natural resources.
However, all of the BRICS countries are sufficiently diversified economic system.Thus, almost all of them, not only in China, the development of engineering.Brazil - one of the world leaders in the field of civil aircraft, Russia - one of the biggest arms exporters in the world, a significant percentage of which is manufactured using the latest technologies.
The countries of the Association considered, as many experts believe, are able to effectively counter the crisis.For example, the recession of 2008-2009, which affected most of the world, not too markedly affected, as some experts believe, the economy of the five BRICS countries.Each of them could, in particular, soon enough to restore its GDP, which during the crisis, as well as in the case of developed countries, declined.
Among the most notable initiatives that can be very important for the world economy, experts point to the intention of the BRICS countries to create a new international bank under the direct control of the state of the union.
In economic terms, this alliance now, analysts say, has made the modern world multipolar.There are leading in terms of the scale of the economic system of the state - the United States.However, its economic opportunities are not much higher than those in most countries reporting associations.BRICS - a country with GDP in trillions of dollars.Summary of all states - almost as much as is the US economy.There is a version that the purchasing power parity economic system combining single country - China - is not inferior to the American.
consider the specifics of positioning its role of shaping the BRICS.The composition of this association has been disclosed above.This is Brazil, Russia, India, China and South Africa.The features of each state, characteristic for their participation in the studied international structure.
Outlook India
According to some analysts, India has entered into a union with the aim of modernizing its national economic system.As you know, in 90 years the government of that State adopted a policy of economic restructuring, the development of production, the implementation of anti-corruption measures.There was a large-scale, according to some experts, the privatization.As a result, India is now - among the largest economies in the world in terms of GDP.Through interaction with the BRICS, the country gains access to new technologies and the experience of the partner countries.
China's interests
organization BRICS, as many experts believe, is a clear leader in terms of the economy.We are talking about China.Indeed, China today - the second after the United States economy in the world.It continues to grow rapidly.However, even though the Chinese government has reached the undoubted successes in the economic development of the state, the country is in a constant search for reliable partners in the world arena.One of the tools to establish promising contacts for China may be just the same association of the BRICS.Cycling relevant communication, China, analysts say, is finding new markets for goods, reliable suppliers of raw materials, the potential investors.
role of South Africa South Africa - a country that is considered one of the most economically influential in the African continent.However, to the status of a developed country, it is estimated by many experts, it is a little nedotyagivaet.And because participation in the BRICS for the country can be one of the possible channels of enhancing economic growth to achieve the performance characteristic of the most advanced in terms of economic development.Interaction with BRICS countries, as some experts have managed to play a positive role in shaping the positive dynamics of development of many areas of the South African economy, attracting investment and finding the optimal balance in foreign trade.
Russia and BRICS
Russia has vast natural resources, as well as significant, as many experts believe, technological potential.This makes our country attractive in terms of investment in various spheres.Especially now, when the effect of falling oil prices and uncertain prospects regarding their future dynamics, it is necessary to diversify the economy.In turn, the BRICS - is a huge market for RF (in terms of the implementation of key export products).In the long term - a tool to attract investment, especially in view of possible sanctions applicable to the cooperation between Russia and Western countries.
Brazil in the BRICS
Brazil has, according to many experts, one of the most balanced in the spectrum of national economic systems of the BRICS countries.The composition of the economy of this state can be considered sufficiently diversified.Development and agriculture, and engineering.Through interaction with other members of the BRICS Brazil can expect to attract new investments, as well as gaining access to the latest industry technologies.In turn, the Brazilian experience in building a model of management of the economy is estimated by many experts as very positive.It can adopt powers, faced with difficulties in the development and modernization of the national economic systems.
Prospects BRICS
What BRICS - deciphering what countries are included in the association - we have learned.How likely is that the ranks of the organization in the near future will be replenished with new participants?What BRICS countries can take?To those experts include, in particular, Mexico, Indonesia and Iran.BRICS list of which we have given at the beginning, thus, it may be present in larger quantities.
Most likely, it will be the state, economists attributable to the category of developing countries.For them, membership in this international alliance is dictated by objective reasons connected with the modernization of the national economy.In particular, the modern economy of Iran, according to experts, is experiencing some difficulties in terms of interaction with external markets.Accession to the BRICS countries could open up for its national economic system a huge opportunity.
However, experts, assessing the prospects of further development of the association, often focus on the fact that for each of the countries forming its actual number of specific issues.For example, China, as one of the world's largest economies may face a crisis of political development.The communist system, according to some experts, may account for some difficulties with the transfer of the country's economy on a full market economy.In turn, Brazil has not completely solved the problems associated with the administrative system, there are complex social problems.South Africa has yet to overcome the effects of apartheid.India is also not very well protected from possible social crises (due to the fact that the standard of living of the majority of citizens are not very high).The main problem of Russia, experts believe - too large share of the primary sector in the economy.As a result, oil prices have fallen by half, the ruble depreciated against the US dollar in almost the same proportion.Rebuild the national economic system of Russia quite difficult.However, this may be just the same contribute to the further integration of our economy with the BRICS.
development of this international union, many experts associated with the intensification of political communication channel states.Above we noted that the relevant aspects of cooperation between the countries is expressed not too much.However, analysts believe, sooner or later, will have economic interests and political overtones.This may be due, in particular, to the fact that the country's "Big Seven" may become competitors BRICS aspect is very important for many areas of the world market.In particular, in the sphere of international finance.The fact that the BRICS countries are going to create its own bank, we noted above.It is intended, according to many analysts, an alternative to the current international structures, such as, for example, the World Bank.
