title: BRICS and a new model of hegemonic stability
metadata.name: dc.contributor.author
metadata.value: Tkachenko, Stanislav L.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Coyle, William
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2020-11-10T15:08:38Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2020-11-10T15:08:38Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2020-09
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Tkachenko S.L., Coyle W. BRICS and a new model of hegemonic stability. Vestnik of Saint Petersburg University. International Relations, 2020, vol. 13, issue 3, pp. 294–309.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu06.2020.301
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/20403
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: BRICS as a forum of the largest developing economies is at the center of the global contemporary political process. There are ongoing debates for more than a decade on the reasons for
  the establishment and the ways of assessing the efficiency of BRICS. Two major theoretical
  perspectives in the international political economy (IPE), namely economic nationalism and
  liberalism, have opposing views on many aspects of these debates. They emphasize the search
  for common interests, which places the five BRICS states into a single forum, and find a lack
  of shared values/interests, which inevitably leads to a collapse of the forum in the near future.
  This article puts forward the following hypothesis: the original willingness of BRICS members
  to transform the architecture of international finances to the profit of developing nations has
  been replaced recently by a desire to preserve some of the attractive features of todays’ global
  economy (low trade barriers, monetary stability, and free movement of investment) in the
  context of the decline of US hegemony. Today, BRICS member states share China’s intention to
  ensure the liberal nature of the international trading system while strengthening state control
  of public life according to the “embedded liberalism” model. To substantiate the hypothesis,
  the authors apply ideas from the neo-Marxist school of IPE, which is currently experiencing
  its renaissance.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Vestnik of St Petersburg University. International Relations;Volume 13; Issue 3
metadata.lang: -
metadata.name: dc.subject
metadata.value: BRICS
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: international political economy
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Neo-Marxism
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Pax Sinica
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: BRICS and a new model of hegemonic stability
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 294-309.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/20403/1/294-309.pdf
resources.format: Adobe PDF
resources.size: 647,96 kB