The world is in an era of great transformations. Globalization, transnational capitalism, September 11, the 2008 global financial crises, and the emergence of the ’second world’ in general and the BRICS in particular are characterized by a diffusion of power away from the traditional North Western powers and towards the global South. Such great transformations have reshaped the terrain and parameters of social, economic and political relations both at the national and the global levels and have exerted pressure on the exiting international order in terms of both opportunities and constraints. This new era also urges the need for re-conceptualizing the changing world order especially with regard to one of the core conceptual categories and analytical apparatus in the studies of IR and IPE - hegemony. The world will witness a new era of interdependent hegemony, in which both the existing ’First World’ and the emerging ’Second World’ are intertwined in a constant process of shaping and reshaping the international order in the nexus of national interest, regional orientation, common economic and political agenda, political alliance and potential conflicts. This collection juxtaposes, from different perspectives and approaches, the discussion on the political economy of the emerging world order with a focus on the rising powers.

In 2001, Jim O'Neill predicted the fastest growing economies of the past decade. Now he's back to explore the new growth markets we should all be watching closely today. It's been ten years since Jim O'Neill conceived of the BRIC acronym. He and his team made a startling prediction: Four developing nations- Brazil, Russia, India, and China (the BRICs)-would overtake the six largest Western economies within forty years. The BRIC analysis permanently changed the world of global investing, and its accuracy has stood the test of time. The Growth Map features O'Neill's personal account of the BRIC phenomenon, how it has evolved, and where those four key nations currently stand after a turbulent decade. And the book also offers an equally bold prediction about the "Next Eleven" countries: Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, and Vietnam. These developing nations may not seem exceptional today, but they offer exciting opportunities for investors over the next decade, just as BRIC did before them. O'Neill also shares several compelling insights about the world economy. He reveals the value for growing countries in being "willing to play" by meaningfully committing to policies that encourage further growth and engagement with globalization. He explains how the g20 can adjust to better incorporate the BRICs and to better reflect the balance of the global economy. Finally, O'Neill makes the counterintuitive claim that good things can quite often come from crises. While established economic powers may see the rise of the BRICs as a threat, international trade benefits us all over the long term. Likewise, the recent financial crisis revealed deep problems in our economic systems, problems we now have the opportunity to fix. A work of astute and absorbing analysis, The Growth Map is an indispensable guide for every investor and every participant in the global economy. Anyone who wants to understand the developing world would do well to heed the man called "one of the most sought-after economic commentators on the planet." (The Telegraph)

The world is in an era of great transformations. Globalization, transnational capitalism, September 11, the 2008 global financial crises, and the emergence of the ’second world’ in general and the BRICS in particular are characterized by a diffusion of power away from the traditional North Western powers and towards the global South. Such great transformations have reshaped the terrain and parameters of social, economic and political relations both at the national and the global levels and have exerted pressure on the exiting international order in terms of both opportunities and constraints. This new era also urges the need for re-conceptualizing the changing world order especially with regard to one of the core conceptual categories and analytical apparatus in the studies of IR and IPE - hegemony. The world will witness a new era of interdependent hegemony, in which both the existing ’First World’ and the emerging ’Second World’ are intertwined in a constant process of shaping and reshaping the international order in the nexus of national interest, regional orientation, common economic and political agenda, political alliance and potential conflicts. This collection juxtaposes, from different perspectives and approaches, the discussion on the political economy of the emerging world order with a focus on the rising powers.

The book critically analyzes the ongoing changes in the regional, intra-regional, and global dynamics of cooperation, from a multi-disciplinary and pluralist perspective. It is based on the insight that in a post-hegemonic world the formation of regions and the process of globalization can be largely disconnected from the orbit of the US, and that a plurality of power and worldviews has replaced US hegemony. In spite of these changes, most existing analyses of current changes in the world order still rely upon Western-centered approaches, and Westphalian thinking. Against this backdrop, the book proposes to advance a truly global IR understanding of the post-hegemonic world, and weaves together the pluralist and multi-disciplinary perspectives of scholars located all around the world.

The transformation of the BRIC acronym from an investment term into a household name of international politics and into a semi-institutionalized political outfit (called BRICS, with a capital ‘S’), is one of the defining developments in international politics in the past decades. While the concept is now commonly used in the general public debate and international media, there has not yet been a comprehensive and scholarly analysis of the history of the BRICS term. The BRICS and the Future of Global Order, Second Edition offers a definitive reference history of the BRICS as a term and as an institution—a chronological narrative and analytical account of the BRICS concept from its inception in 2001 to the political grouping it is today. In addition, it analyzes what the rise of powers like Brazil, Russia, India, China, and South Africa means for the future of global order. Will the BRICS countries seek to establish a parallel system with its own distinctive set of rules, institutions, and currencies of power, rejecting key tenets of liberal internationalism, are will they seek to embrace the rules and norms that define today’s Western-led order?

Bringing together distinguished scholars from BRICS nations and those with deep interest and knowledge of these emerging powers, this collection makes a significant intervention in the ongoing debates about comparative communication research and thus contributes to the further internationalization of media and communication studies. The unprecedented expansion of online media in the world’s major non-Western nations, exemplified by BRICS (Brazil, Russia, India, China and South Africa) is transforming global communication. Despite their differences and divergences on key policy issues, what unites these five nations, representing more than 20 per cent of the global GDP, is the scale and scope of change in their communication environment, triggered by a multilingual, mobile Internet. The resulting networked and digitized communication ecology has reoriented international media and communication flows. Evaluating the implications of globalization of BRICS media on the reshaping of international communication, the book frames this within the contexts of theory-building on media and communication systems, soft power discourses and communication practices, including in cyberspace. Adopting a critical approach in analysing BRICS communication strategies and their effectiveness, the book assesses the role of the BRICS nations in reframing a global communication order for a ‘post-American world’. This critical volume of essays is ideal for students, teachers and researchers in journalism, media, politics, sociology, international relations, area studies and cultural studies.

This book examines the direction of the BRICS association. Beginning with historical analyses of the broader Global South and the fundamental composition of the BRICS countries and then moving on to present trends, The BRICS Order evaluates the variables that will influence the association’s future. While the BRICS as a forum emerged as a result of the visible fragmentation of the post-1945 world order, it itself remains dogged by issues emanating from internal divergences among member states and from external factors. The contributors interrogate the extent to which this formation of “emerging economies” is indicative of a challenge to the West, or in fact a complimentary relation. Integral to these studies – which encompass examinations of such diverse areas as governance systems, issues in bilateral relations, security threats, multilateral institution building, the transnational creation and dissemination of knowledge, and technological innovation – are patterns of convergence and divergence which render the countries not a formal alliance, but as signifiers of a multilateral future in which the West is itself to become more heterogeneous and thus become occasionally complemented depending on the vacillating consensus within the BRICS association and on the interests of the BRICS countries at different points in time.