The demise of the BRICS based on its apparent incoherence has long been predicted by pundits. But as Mark Twain observed about reports of his death being greatly exaggerated, so too the BRICS have defied the critics.
China-Africa Policy Process: BRICS
The 10th BRICS Summit in Johannesburg is now behind us. It occurred on the back of a few years of significant domestic economic and political changes among some of the BRICS and diverging national interests. Critics of the bloc will rightly point out these challenges and divergences, but often neglect that in some areas the BRICS have converging interests which have cemented their cooperation.
The commanding position that the BRICS economies once held in the post-global financial crises era legitimised their claims for more equitable global governance institutions. Equally, they believed that the development challenges they shared could be addressed through a collective voice in international forums on the back of their strong economic performances.