Journal article
Resource powers? Minerals, energy and the rise of the BRICS
Third World Quarterly, Vol.36(2), pp.223-239
2015
Abstract
The rise of new economic powers has seen increasing attention focused on the international role of the BRICS countries. Importantly, a common feature uniting the BRICS is that they are all resource-rich, and many analysts (and some BRICS governments) have argued that natural resources are one of the key factors propelling the rise of the group. This article explores the BRICS' emerging status as 'resource powers', examining how resource wealth underpins their economic development and foreign policy strategies, and thus contributes to their growing influence in international affairs. It is argued that through the use of nationalistic mining and energy policies, the BRICS governments have exploited natural resources for both domestic economic and international diplomatic objectives. However, there are several challenges and emerging risks facing the BRICS' resource strategies, which mean that resource wealth is making a positive - though inherently limited - contribution to the growing international status of the group.
Details
- Title
- Resource powers? Minerals, energy and the rise of the BRICS
- Authors/Creators
- J.D. Wilson (Author/Creator) - Murdoch University
- Publication Details
- Third World Quarterly, Vol.36(2), pp.223-239
- Publisher
- Carfax Publishing Ltd.
- Identifiers
- 991005541329007891
- Copyright
- © 2015 Southseries Inc.
- Murdoch Affiliation
- Asia Research Centre
- Language
- English
- Resource Type
- Journal article
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- Citation topics
- 6 Social Sciences
- 6.27 Political Science
- 6.27.50 International Relations
- Web Of Science research areas
- Development Studies
- ESI research areas
- Social Sciences, general