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|Title:||BRICS: it makes sense to speak of emerging powers?|
|Publisher:||OBSERVARE. Universidade Autónoma de Lisboa|
|Abstract:||The “BRICS” concept is now often associated with the idea that Western capitalism is on the wane and that economic power is being “re-balanced” to the benefit mainly of Asia and, particularly, of the big “Emerging Powers” – Brazil, Russia, India, China and South Africa. But the present difficulties and impasses of the BRICS economies are a clear sign that, far from imposing their power or becoming “decoupled” from the Euro-American markets, their future prosperity is still very much dependent on the decisions the Western world is taking to manage the global crisis.|
|Appears in Collections:||OBSERVARE - JANUS 2015-2016 - Integração regional e multilateralismo|
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