Sociologie Românească (Romanian Sociology), Vol. IX, no. 2/2011.
The Impact of Emerging Economies in the International Political Context
Nubia Nieto
Vol IX, no. 2, 2011, pp. 127-137
Author adress: 55 Liffler Road, SE18 1AU, London, UK.
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Abstract: This article explores the impact of emerging economies in the international political arena. The arrival of the BRICS countries (Brazil, Russia, India, China, and South Africa) has changed the map of the global order and the strategies to project hegemonic power. Could the BRICS eclipse the economic power of the richest countries of the world? How could the BRICS influence a change in the social and welfare policies in some developed countries? What are the main strategies of BRICS to project its soft power worldwide? These and other questions are analysed in this text taking into account the new geopolitical scenario of the twenty-first century. The essay is presented as a result of some discussions with key leaders, journalists and academicians that observe a transformation in the economy, politics, international relations, and in the psychology of the westerners as a sort of losing confidence in the Western model faced on emerging economies. It should be pointed out that the text is a revision of the main arguments related to the consequences in short and long term of rising emerging markets for the west such as an increase in unemployment, impoverishment, inflation, financial debt, and social depression, economical and technical dependence from the emerging markets. Not to mention, the influence of BRICS in the reshaping of social and welfare policies.
Keywords: BRICS; global order; soft power; financial crisis; West hegemony.
Cuvinte-cheie: BRICS; ordine mondială; putere ușoară; criza financiară; hegemonia Occidentului.