1. Introduction: The BRICS as a Club
BRICS in the Aftermath of the Global Financial Crisis
Strategic Incentives in Unipolarity and Common Aversions
The BRICS and the Global Governance System
Formal Institutions and Informal Powers: The Emergence of Clubs
The BRICS as a Club
Clubs with Power Asymmetries and Dominant Powers with Outside Options
Plan of the Book

2. Global Power Shift: The BRICS, Building Capabilities for Influence
Conceptualizing Power
Measuring the Shift in Economic Capabilities
A New, Multipolar World?
The Global Financial and Monetary Capabilities of the BRICS
Redback Rising
Conclusions

3. BRICS Collective Financial Statecraft: Four Cases
Defining Collective Financial Statecraft
Four Categories of Collective Financial Statecraft
Inside Reforms: The BRICS Quest for Greater Influence Within the IMF and World Bank (Case 1)
Inside Reforms: Resist Manipulation of Financial Market Power for U.S./Western Political Aims (Case 2)
Outside Options: Create Parallel Financial Institutions Controlled by the BRICS (Case 3)
Outside Options: Diminish Dollar Dominance and Build the Financial Market
Power of the RMB (Case 4)
Future Directions and Cooperative Opportunities Not Taken
Conclusion: Mostly Successful BRICS Collective Financial Statecraft

4. Motives for BRICS Collaboration: Views from the Five Capitals
Six Propositions
The View from Beijing: In Search of Legitimacy and Unthreatening Leadership
The View from Moscow: Russia's Struggle for Autonomy and International Influence
The View from New Delhi: Amplifying Voice and Anticipating Multipolarity
The View from Brasília: Enhancing Status and Inviting Investment
The View from Pretoria: Support for Growth and Regional Leadership
Conclusions: Explaining BRICS Collaboration

5. Conclusion: Whither the BRICS?
BRICS and World Order: Too Much Pessimism Is Unwarranted
Growth: The Essential Need to Return to the BRICS' Roots
The Tension Between Formal and Informal Rules
Summing up: The BRICS, Collective Financial Statecraft, and the Multipolar Future

Notes
Index