Handbook of BRICS and Emerging Economies

Edited by PB Anand, Shailaja Fennell, and Flavio Comim

A handy reference volume that includes new and controversial topics
Includes forty three in-depth chapters providing multi-disciplinary insights and perspectives on BRICS and emerging economies
Includes contributions from academics and authors with experience working in international organisations so that chapters are informed by real life policy and practice
Explores a wide range of issues that can inform better design of policies and institutions both nationally in emerging economies and globally in international cooperation

Handbook of BRICS and Emerging Economies

Edited by PB Anand, Shailaja Fennell, and Flavio Comim

Description

Ever since Jim O'Neill at Goldman Sachs coined the term BRICS in 2001 there have been many different assessments of these major emerging economies, with some even proclaiming that the promise of the BRICS (comprising Brazil, Russia, India, China, and South Africa) is over. However, the so called 'arranged marriage' still seems to be working well, with the club having become a formal international forum, with summit declarations, ministerial meetings, and numerous BRICS-wide fora. Is this euphoria misplaced? Is there a BRICS model of economic and human development? Are inequalities increasing and is this the denouncement of the economic successes? Are geo-political tensions rising between these nations?

During the post COVID-19 situation, the importance of bilateral and multilateral co-operation mechanisms and institutions is becoming clear. This book focuses on one such emerging co-operation mechanism of BRICS but also more widely on those five countries and other similar economies. As a global depression looms large, global economic recovery depends on the performance of not only its largest economies but also many other important and significant economies within the so called G20 group. Even prior to the COVID-19 outbreak multilateral institutions have been under considerable strain, as with the relationship between the United States of America and China, and risks to global economic recovery appear very real. This book brings together multi-disciplinary perspectives from over sixty scholars and it presents a comprehensive and deep dive into the BRICS and emerging economies and into an understanding the political, economic, and social contexts that can help in designing approaches for recovery and regaining the last momentum in the journey towards the Sustainable Development Goals.

Handbook of BRICS and Emerging Economies

Edited by PB Anand, Shailaja Fennell, and Flavio Comim

Section I: Introduction
1:BRICS and emerging economies: an assessment, PB Anand, Shailaja Fennell, and Flavio Comim
Section II: Economic Perspectives, Resources, and Development
2:WTO and the BRICS: a historical perspective, Martin Daunton
3:BRICS and other emerging economies, Deepak Nayyar
4:Growth, employment, and social protection in BRICS, Moazam Mahmood and Florence Bonnett
5:Development banks in BRICS with a focus on Brazil, John Weiss
6:Capitalizing the world, Vinode Ramgopal and Ashish Kalra
7:Financial inclusion and financial stability in India, Rashmi Arora
8:Informal sector in China and India, Mario Biggieri
9:Rural-urban migration and its multi-dimensional impacts in China, Dan Meng, Yan Gao, and Xioayang Li
10:Extractive economies, institutions, and development: Implications for BRICS and emerging economies, PB Anand
11:Africa's extractive economies, Degol Hailu
12:Building BRICS in Africa, Padraig Carmody
13:Cotton production and trade in West Africa, Richard Sidebottom
Section III: Social Development Challenges and Perspectives
14:Publicness and human development: an illustration from BRICs, Flavio Comim
15:Reason, argument, and agitation: can South Africa follow in the footsteps of the BRICS countries?, David Clark
16:Education in BRICS, A Dalcin, T Kang, Daiane Zanon, Felipe Bellé, Luana Betti, , Fabio Rasche Jr, Daiane Zanon, and F Comim
17:Early childhood and human development, G Garibotto
18:Building world class universities in BRICS: reflections, C. Raj Kumar
19:Hijacking of social protection by cash transfers- the case of Bolsa Familia, Kenia Parsons
20:Social protection in Mexico, Miguel Nino Zarazua
21:Minimum wages and inequality in Mexico: an example (not) to follow, Alice Krozer, Stephanie Garry, and Juan-Carlos Moreno Brid
22:The illegal trade in organs and poverty in India: a comparative analysis with Brazil and China, S Chatterjee
Section IV: Inequality and Political Economies
23:Demography and roots of gender inequality in BRICS, Prabir Bhattacharya and Vibhor Saxena
24:Equality of opportunity in Brazil and India: an empirical exercise for the 1993-2013 period., Sabino da Silva Porto Junior, Bernardo Frederes Kramwr Alcalde, and Izete Pengo Bagolin
25:Women and identity: negotiating institutional pathways to claim rights in China and India, Shailaja Fennell
26:Violence and the BRICS, Lucy McMahon
27:Inequality and crime in Latin America, Catalina Droppelmann Roepke and Nicolas Trajenberg
28:The political economy of inequality in Chile: the role of institutions and power, Javier Gonzalez-Diaz
29:Development and inequality in the African lions, David Potts
Section V: Sustainable Development Issues
30:Happiness in BRICS, Tadashi Hirai
31:Cities, oil, and national development, Franklin Obeng-Odoom
32:Institutional changes in the oil industry: China versus Russia, Nicholay Kolev and Yue Xu
33:Is Russia going green?, Olga Ulybina
34:Indigenous communities, ICT and rural development: case studies in Tanzania and Sarawak, Malaysia, Terry van Gevelt
35:Food security in Central Asia and implications for BRICS, Suresh Babu and Kamiljon Akramov
Section VI: Governance Issues
36:Humane global governance: an area for the future where progress inches forward, Richard Jolly
37:Governing a complex global financial system in the age of global instabilities and BRICs, Haider Khan
38:Governing dynamics of a changing global order: case for the developing countries, Deepanshu Mohan
39: United Nations? The BRICS and international peace keeping, Paul Jackson
40:Emerging powers coalitions: India and Brazil examined, Cassandra Sweet
41:Economic, political, and social transformation in Brazil: a study in disorderly progress, Sunil Tankha
42:Reshaping Eurasia: Russian and Chinese regional approaches, Vsevolod Samokhlov
43:Turkey: always at crossroads, never quite there, Utku Teksoz

Handbook of BRICS and Emerging Economies

Edited by PB Anand, Shailaja Fennell, and Flavio Comim

Author Information

Edited by PB Anand, Professor of Public Policy and Sustainable Development, University of Bradford, UK, Shailaja Fennell, Reader, Department of Land Economy, University of Cambridge, UK, and Flavio Comim, Associate Professor of Economics, University Ramon Llull/IQS, Spain

P.B. Anand is Professor of Public Policy and Sustainable Development and Head of Peace Studies and International Development at the University of Bradford. He is a member of the Council of the Development Studies Association and a Fellow of the Human Development and Capability Association. He previously worked in a development bank in India and managed an executive education programme portfolio at Bradford for the staff of China Development Bank (2007-13) and the Aga Khan Foundation (2013-15). He was the principal author and team leader of the Mongolia Human Development Report 2011 and contributed to UNDP studies on climate change, extractive economies, and sustainable development. He is the author of Scarcity, Entitlements and the Economics of Water in Developing Countries (2007) and many papers on global public goods, access to water and smart cities. With Flavio Comim and Shailaja Fennell, he edited New Frontiers of the Capability Approach (Cambridge University Press, 2018).

Shailaja Fennell is Reader in Regional Transformation and Economic Security at the Department of Land Economy, University of Cambridge. She is a Fellow of the Human Development and Capability Association and a member of the governing council of the Development Studies Association (UK). She has undertaken more than two decades of research in both Asian and African countries, and has been a consultant with the World Bank, DFID, Oxfam and ASEAN. Her previous publications include Rules, Rubrics and Riches: The Interrelations between Legal Reform and International Development (2010), and she has published papers in the fields of comparative regional development to examine how the lives of rural and urban communities have been affected by the nature and directives of development policy.

Flavio Comim is a Development Economist and an Associate Professor of Economics at the IQS School of Management, Ramon Llull University in Spain and an Affiliated Lecturer at Land Economy University of Cambridge. He has worked for the United Nations Development Programme (UNDP) and has been a consultant for UNESCO, WHO, UNEP (UN Environment Programme), and ILO in several development projects. He has co-edited several books, including The Capability Approach: Concepts, Measures and Applications (2008), with Mozaffar Qizilbash and Sabina Alkire; Capabilities and Happiness (2008), with Luigino Bruni and Maurizio Pugno; Capabilities, Gender, Equality (2014), with Martha Nussbaum; and New Frontiers of Human Development with Shailaja Fennell and P.B. Anand (2018).

Contributors:

Kamiljon Akramov
PB Anand
Rashmi Arora
Suresh Babu
Felipe Bellé
Luana Betti
Prabir Bhattacharya
Mario Biggeri
Florence Bonnett
Padraig Carmody
S Chatterjee
David Clark
Flavio Comim
A Dalcin
Martin Daunton
Sabino da Silva Porto Junior
Catalina Droppelmann Roepke
Shailaja Fennell
Bernardo Frederes Kramer Alcalde
Yan Gao
G Garibotto
Stephanie Garry
Javier Gonzalez-Diaz
Degol Hailu
Tadashi Hirai
Paul Jackson
Richard Jolly
Ashish Kalra
T Kang
Haider Khan
Nikolay Kolev
Alice Krozer
Xiaoyang Li
Moazam Mahmood
Lucy McMahon
Dan Meng
Deepanshu Mohan
Juan-Carlos Moreno Brid
Deepak Nayyar
Miguel Nino Zarazua
Franklin Obeng-Odoom
Kenia Parsons
Izete Pengo Bagolin
David Potts
C. Raj Kumar
Vinode Ramgopal
Fabio Rasche Jr
Vsevolod Samokhvalov
Vibhor Saxena
Richard Sidebottom
Ga-Young So
Cassandra Sweet
Sunil Tankha
Utku Teksoz
Nicolas Trajtenberg
Olga Ulybina
Terry van Gevelt
John Weiss
Daiane Zanon

Handbook of BRICS and Emerging Economies

Edited by PB Anand, Shailaja Fennell, and Flavio Comim

Reviews and Awards

"A very comprehensive book on the BRICS countries and other emerging economies covering a whole range of issues from social, environmental, political and governance and legal institutions. This book will be an asset for scholars wanting to carry out a comparative study on BRICS countries and other emerging economies." - Professor Subrata Sarkar, Indira Gandhi Institute of Development Research, Mumbai, India

"This is a formidable compilation of essays on diverse aspects of development in many of the new powerhouses of the global economy. The scope is outstanding, covering country-specific challenges and successes, as well as broader issues of global governance and collaboration that are so vital in these uncertain times." - Professor Ivan Turok, Executive Director of Human Sciences Research Council (HSRC) of South Africa and Editor in Chief of Regional Studies

"The Handbook of BRICS and Emerging Economies, edited by PB Anand, Shailaja Fennell, and Flavio Comim, will serve as an authoritative analysis of emerging economies for many years to come. The list of contributors to the volume and the coverage of topics is impressive. A must read for scholars and practitioners alike." - Kunal Sen, Director, UNU-WIDER