BRICS: reforma e transformação na economia mundial em crise

Abstract

This paper is about the BRICS grouping and their trajectory as a proposition of the international financial sector and as political and diplomatic articulation. The goal is i) to analyze in critical perspective the narrative of the market that gathered Brazil, Russia, India and China under the same acronym; and ii) the action of those countries aiming to promote changes in world order. The method adopted is the one provided by the Critical Theory of International Relations to identifying power relations engendered in economic relations, aiming to overcome those power conditions. We conclude that i) the suggestion of the market for the BRICS, asking for higher participation of those countries in global economic governance, if adopted, would only be effective for the conservation of the order; and ii) that the BRICS went beyond the attempt of higher participation in world economic governance, with the creation of the New Development Bank.