BRICS and the global financial order : liberalism contested? / Johannes Petry, Andreas Nölke.

Format:

Book

Author/Creator:

Petry, Johannes, author.

Nölke, Andreas, 1963- author.

Series:

Cambridge elements. Elements in the economics of emerging markets ; 2631-8598.

Cambridge elements. Elements in the economics of emerging markets ; 2631-8598

Language:

English

Subjects (All):

BRIC countries--Economic conditions.

BRIC countries.

BRIC countries--Foreign relations.

BRIC countries--Foreign economic relations.

Physical Description:

1 online resource (94 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge : Cambridge University Press, 2024.

Summary:

The global financial system is the economic bedrock of the contemporary liberal economic order. Contrary to other global-economy areas, finance is rarely analyzed in discussions on contestations of economic liberalism. However, a quite comprehensive process of external contestation of the global financial order (GFO) is underway. This contestation occurs through the rising share of emerging market economies within global finance in recent years, especially the rise of the BRICS economies. This Element investigates whether and how the BRICS contest the contemporary GFO by conducting a systematic empirical analysis across seven countries, eleven issues areas and three dimensions. This contestation occurs across issue areas but is mostly concentrated on the domestic and transnational dimension, not the international level on which much research focuses. Rather than the entire BRICS, it is especially China, Russia and India that contest liberal finance. This title is also available as Open Access on Cambridge Core

Notes:

Title from publisher's bibliographic system (viewed on 11 Oct 2024).

Open Access.

ISBN:

9781009498722

100949872X

9781009498715

1009498711

9781009498739

1009498738