The author examines the rise of the BRICs and the supposed decline of the United States. Focusing on the boom years from 1992 to 2007, and the crisis years after 2008, he argues that there are limits to the rise of the former and that the extent of US decline has been greatly exaggerated.

Ray Kiely examines the conservative discourse of "winners" and "losers" of globalization that has emerged since the financial crisis. He provides a detailed examination of new US and UK conservative movements and how these have shaped responses to globalization that challenge neoliberal and third way approaches.

Once among the fastest developing economies, growth has slowed or stalled in Brazil, Russia, India, China, and South Africa. What policies can governments enact to jump-start the rise of these middle-income countries? Hartmut Elsenhans and Salvatore Babones argue that economic catch-up requires investment in the productivity of ordinary citizens. Diverging from the popular narrative of increased liberalization, this book argues specifically for direct government investment in human infrastructure; policies that increase wages and the bargaining power of labor; and the strategic use of exchange rates to encourage export-led growth. These measures raise up the majority and finance future productivity by driving broader consumption and fostering investment within national borders. Though strategies like full employment, mass education, and progressive taxation are not especially controversial, none of the BRICS have truly embraced them. Examining barriers to implementation, Elsenhans and Babones find that the main obstacle to such reforms is an absence of political will, stemming from closely guarded elite privilege under the current laws. BRICS or Bust? is a short, incisive read that underscores the need for demand-driven growth and why it has yet to be achieved.

The book is a critique of the excited talk about how various emerging economies (often teleologically extended to them being "powers") are re-writing the rules of global governance and ushering in a new set of economic assumptions.

This book critically examines the argument that the Global South has risen in recent years, that its rise has intensified since the 2008 financial crisis, and that this in turn has hastened the decline of the West and the US in particular. Drawing on critical theories of international relations and development, Kiely puts the rise into context and shows how the factors that aided the rise of the South have now given way to a less favourable international context. Indeed, economic problems in China and other leading countries, falling commodity prices and capital outflows point us in the direction of identifying a new phase of the 2008 financial crisis: an emerging markets crisis. Kiely argues that this is a crisis which demonstrates the continued dependent position of the South in the context of the uneven and combined development of international capitalism.

The second edition of an innovative undergraduate textbook in Comparative Economic Systems that goes beyond the traditional dichotomies.

The crisis of Northern capitalism and failure of hegemonic global governance have created a facilitative environment for post-hegemonic initiatives promoting South–South cooperation. Major Southern countries – especially the BRICS – have taken the lead in pushing for alternative governance mechanisms that are strongly articulated in the areas of economic, financial, cultural, and defense cooperation. This book focuses on the historical, political-economic, and geopolitical context in which major Southern countries implement a post-hegemonic agenda. Providing a global and comprehensive perspective through a series of focused case studies from Europe, Latin America, Eurasia, and Africa, the author develops a new approach to the multipolarization of world politics based on "global hegemony". Highly recommended for scholars, students, and activists involved in global political economy, regionalism studies, and international development, this book will be of interest to anyone seeking to develop their understanding of world politics and South–South cooperation.