BRICS
EMA 718- SEMINAR IN GLOBAL
AFFAIRS
DONA ROFITHOH DON RAMLI
IFFAH SYAZANA ABD AZIZ
NUR AISHAH MUHAMAD
MUHD ZHAFIR NOR RAFIZAN
MOHD SYAUFI AIZAD SHAMSUDIN
2014275116
2014813722
2014835074
2014877774
2014438178
DATO’ DR YUSOF AHMAD
The rise of the emerging economies of Brazil, Russia,
India, China, South Africa (BRICS), andothers in the Asia
Pacific region, can successfully challenge the dominance of the United States ofAmerica and the
American Dollar in determining the structure and direction of contemporaryinternational trading, financial and monetary systems in the near future. Do you agree with the statement? Justify your stand by providing appropriate evidences tosupport your group stand. INTRODUCTION
• Post-world war II the collapse of the Soviet
Union in early 1990 paved the way for rise of
America as sole superpower.
• The age of uni-polar global regime seems to have reached it last phase.
• The emergence of regional powers (BRICS) during the last two decades is set to challenge the unipolar global governance regime.
BRICS
•Five major emerging national economies: Brazil,
Russia, India, China and South Africa.
•BRICS members are all developing or newly industrialized countries, but they are distinguished by their large, fast-growing economies and significant influence on regional and global affairs.
•3 billion people, or approximately 40% of the world population, 20% of the gross world product.
POLITICS
• The emergence of BRICS could pose a political challenge to traditional power blocks comprising of the US, EU and Japan- new multilateral leadership.
• The political influence of BRICS stems from the fact that the states are active members of leading international organisations such as the
United Nations and G20.
• All BRICS as members of the UN Security Council
(UNSC) and their united front on Libya, the group seems intent to push for a higher political profile. • Challenging current global governance, environment, institutions and structures- the
AFFAIRS
DONA ROFITHOH DON RAMLI
IFFAH SYAZANA ABD AZIZ
NUR AISHAH MUHAMAD
MUHD ZHAFIR NOR RAFIZAN
MOHD SYAUFI AIZAD SHAMSUDIN
2014275116
2014813722
2014835074
2014877774
2014438178
DATO’ DR YUSOF AHMAD
The rise of the emerging economies of Brazil, Russia,
India, China, South Africa (BRICS), andothers in the Asia
Pacific region, can successfully challenge the dominance of the United States ofAmerica and the
American Dollar in determining the structure and direction of contemporaryinternational trading, financial and monetary systems in the near future. Do you agree with the statement? Justify your stand by providing appropriate evidences tosupport your group stand. INTRODUCTION
• Post-world war II the collapse of the Soviet
Union in early 1990 paved the way for rise of
America as sole superpower.
• The age of uni-polar global regime seems to have reached it last phase.
• The emergence of regional powers (BRICS) during the last two decades is set to challenge the unipolar global governance regime.
BRICS
•Five major emerging national economies: Brazil,
Russia, India, China and South Africa.
•BRICS members are all developing or newly industrialized countries, but they are distinguished by their large, fast-growing economies and significant influence on regional and global affairs.
•3 billion people, or approximately 40% of the world population, 20% of the gross world product.
POLITICS
• The emergence of BRICS could pose a political challenge to traditional power blocks comprising of the US, EU and Japan- new multilateral leadership.
• The political influence of BRICS stems from the fact that the states are active members of leading international organisations such as the
United Nations and G20.
• All BRICS as members of the UN Security Council
(UNSC) and their united front on Libya, the group seems intent to push for a higher political profile. • Challenging current global governance, environment, institutions and structures- the