on>
Published by
World Scientific Publishing Co. Pte. Ltd.
5 Toh Tuck Link, Singapore 596224
USA office: 27 Warren Street, Suite 401-402, Hackensack, NJ 07601
UK office: 57 Shelton Street, Covent Garden, London WC2H 9HE
Library of Congress Cataloging-in-Publication Data
Names: Abraham, Biju Paul, editor. | Ray, Partha, editor. | Kim, Soo Yeon, editor.
Title: The political economy of the BRICS countries / editor-in-chief: Edward D Mansfield (University of Pennsylvania, USA) and Nita Rudra (Georgetown University, USA); edited by Biju Paul Abraham (Indian Institute of Management Calcutta, India), Partha Ray (Indian Institute of Management Calcutta, India), Soo Yeon Kim (National University of Singapore, Singapore) and Santiago López-Cariboni. (Universidad Católica del Uruguay, Uruguay).
Description: New Jersey : World Scientific, [2019-] | Includes bibliographical references and index.
Contents: v.1.BRICS: The quest for inclusive growth -- v.2. BRICS and the global economy -- v.3. Political economy of informality in BRIC countries.
Identifiers: LCCN 2019011951| ISBN 9789811202179 (set : alk. paper) | ISBN 9789811202186 (v. 1: hc : alk. paper) | ISBN 9789811202193 (v. 2: hc : alk. paper) | ISBN 9789811202209 (v. 3: hc : alk. paper)
Subjects: LCSH: Economic development--BRIC countries. | BRIC countries--Economic conditions. | BRIC countries--Economic policy. | BRIC countries--Social policy. | BRIC countries--Foreign relations.
Classification: LCC HD82 .P5485 2019 | DDC 330.9172/4--dc23
LC record available at https://lccn.loc.gov/2019011951
British Library Cataloguing-in-Publication Data
A catalogue record for this book is available from the British Library.
Copyright © 2020 by World Scientific Publishing Co. Pte. Ltd.
All rights reserved. This book, or parts thereof, may not be reproduced in any form or by any means, electronic or mechanical, including photocopying, recording or any information storage and retrieval system now known or to be invented, without written permission from the publisher.
For photocopying of material in this volume, please pay a copying fee through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA01923, USA. In this case permission to photocopy is not required from the publisher.
For any available supplementary material, please visit
https://www.worldscientific.com/worldscibooks/10.1142/11330#t=suppl
Desk Editors: Dr. Sree Meenakshi Sajani/Jiang Yulin
Typeset by Stallion Press
Email: [email protected]
Printed in Singapore
Preface
Over the last two decades the economies of Brazil, Russia, India, China, and South Africa (BRICS) have emerged as a major source of global economic growth. All these countries are part of the G-20 group and are increasingly seen as playing a significant role in global political and economic affairs. However, the growth pattern in these countries have not been always inclusive. There are two broad aspects of growth in the BRICS economies that are worth noting — their heterogeneity and their lack of inclusivity. The edited book, BRICS: The Quest for Inclusive Growth aims to expose the reader to the quest for inclusive growth in these countries. Specifically, the chapters in this volume discuss economic growth in the BRICS countries with a view to understanding whether the nature of their growth is such that it is broad-based and leads to equitable economic/social outcomes.
The objective of the volume is not to look at each economy exhaustively across different dimensions of growth. The chapters analyze specific dimensions of growth in these five economies that constrain their ability to act effectively and cohesively in international affairs. The nine chapters in this volume address different aspects of economic growth in the five economies.
We would like to thank Professor Edward Mansfield, Professor of Political Science at the University of Pennsylvania and Professor Nita Rudra, Professor of Government at Georgetown University, the Editors-in-Chief of the three-volume study of the The Political Economy of the BRICS Countries for inducting us into this effort and for including this volume in the three-volume study.
Some of the papers in this volume were initially presented at an International Conference on The Political Economy of Emerging Market Countries: The Challenges of Developing More Humane Societies in December 2016/January 2017 jointly organized by Princeton University, Georgetown University, USA, and Indian Institute of Management Calcutta in Kolkata and Santiniketan in West Bengal, India. Hence the information base of most of the papers pertain till that period. We would like to thank Princeton University, Georgetown University and the Management Centre for Human Values at the Indian Institute of Management Calcutta for their funding support for the Conference.
Biju Paul Abraham and Partha Ray
Kolkata, March 2019
About the Editors-in-Chief