BRICS

Breaking BRICS: More Differences Than Similarities?

This month brings the tenth summit of the fast-growing BRICs nations – Brazil, Russia, India, and China and South Africa. But does the label still hold given the countries’ starkly different political and economic realities? Almost 17 years after Goldman Sachs coined the term “BRICs” for Brazil, Russia, India, and China, and later South Africa, […]

Woman protesting against the poor quality of the town’s water supply in Standerton, South Africa © Jan Truter via Flickr (CC BY-NC-ND 2.0)

South Africa & Brazil: Haunted by Success

As the emerging markets of Brazil and South Africa struggle, both countries are starting to realize that their development agendas lack a long-term perspective. The new middle classes will bear the greatest costs of this failure. These are trying times for Brazil and South Africa, the southern members of the BRICS grouping of emerging nations that also […]