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Aukhadieva Shamshinur Dalelåvna Ph.D.
Kazakh
Ablay Khan university of international relations and world languages
Almaty,
Kazakhstan.
Shauenova Nazerke Kozha-Ali-Askarovna
Kazakh
Ablay Khan university of international relations and world languages
3rd
course student, Department of International Relations.
BRICS:
prospects and strategic priorities
BRICS — structure very
non-uniform on the level of the economic development reached by its
participants and their roles
in world economy. In the near future the situation cardinally won't change.At
the result there won’t be any question how steady the partnership between not
absolutely equal partners and is there their future. It is obvious that all
member countries of BRICS see in this union thepossibility of
the solution of economic problems together with partners in the block,
collective upholding of the interests before other participants of world
economy, strengthening of the positions in more serious and powerful
organizations.
Why Brazil, Russia,
India, China and the Republic of South Africa drew attention of experts?
We will address to
sources of BRICS. From the philosophical point of view, origin of the term of "BRICS»denotes at the same time neccessity (inevitability) and contingency.For the first time this term was offered ten years
ago by the economist Jim O'Neill - the head of one of the world's largest
commercial banks of JSC Goldman Sachs. On November 20, 2001 he gave definition to this concept of the report on
results of research of global economy published by JSC Goldman Sachs and
entitled "The world needs more effective economic "bricks".In
the name of the report the author beat similarity of reduction of BRIC to the
English word a brick - "brick". Thus, at the description of probable
consequences of rapid economic growth which could be shown in the future
Brazil, Russia, India and China, Jim O'Neill for the first time used this term.
It should be noted that the idea of association of four countries in one
concept is represented as courageous
and far-sighted: despite geographical, historical, cultural, religious, language,
world outlook distinctions, Brazil, Russia, India and China are united in terms of belonging to the countries with high-growth
economy, and also the general aspiration to more fair world order.In this
regard the Chinese option of this concept is more colourful and metaphoric,
than its English interpretation: (jinzhuanguojia) is literally translated as
"the countries built from gold ingots".
It is interesting fact that in the above-mentioned report Jim O'Neill, whom the former head of the BBC Davies called "the
best economist in the world, in the sphere of finance over the last ten
years", gives the short
characteristics of each of four countries: Brazil - "a world source of raw
materials", Russia - "world petrol filling station", India -
"world office", China - "world factory".
We will notice that long before Jim O'Neill some experts and the
organizations already made attempts of the complex analysis of these four
states. For example, the Organization for Economic Cooperation and Development
(OECD) in the research report for 1997 came to a conclusion that by 2020 the
share of presence of the developed countries in world system will make 1/3, the
developing states - 2/3 while GDP of Brazil, Russia, India and China will reach
1/3 universal volumes of GDP.
In 2000 National
Intelligence Council as a part of U.S. intelligence community published the
report under the name "Global tendencies-2015: dialogue about the future
with non-governmental experts"
where claimed that, proceeding from total purchasing power, in 2015
indicators of GDP of four developing economies will increase twice, and
especially China and India will succeed in it.
In October, 2003 Jim O'Neill and his command from a name of JSC Goldman
Sachs published research work "Dreaming of BRIC: A way to 2050"
("Dreams with BRIC: a way to 2050") in which stated the courageous
assumption that by 2050 Brazil, Russia, India and China will be the engine of
all world economy.Proceeding from this research, it is possible to claim that
on GDP volume: Brazil in 2025 will overtake Italy, in 2031 - France; Russia in
2027 will overtake Great Britain, in 2028 - Germany; India in 2032 will
overtake Japan and, at last, with high probability it is possible to assume
that in 2041 China will overtake the USA and will become the first economic
superstate in the world.
The given economic
account also contained the forecast that in 2050 four countries will have 40
percent of the world population and the volume of GDP exceeding 14 trillion
dollars.In addition, in 2041 cumulative indicators of GDP of four states will
exceed similar indicators of six largest industrial powers, namely: The USA,
the United Kingdom, France, Germany, Japan and Italy (that is "the big
seven" of the leading countries of the world except for Canada).Thus, by
2050 there will be a restructuring of world economy and shift of the centers of
global influence: economic giants as their power will be China, the USA, India,
Japan, Brazil and Russia (we will pay attention that here all State Parties of
BRIC are presented). It follows from this that the countries of BRIC have all
necessary prerequisites for creation of the strong and powerful economic block,
thereby having intercepted a palm at present "Group of Eight".
We will note that against the growing wave of popularity of
concept of "BRIC" of JSC Goldman Sachs in 2005 published the new
report entitled "How
strong The states of BRIC".In this work systematization and streamlining
of the ideas stated in the report for 2003 are carried out. In other words, now
China will overtake the USA in 2040, that is a year earlier, than was predicted
earlier. In view of minor improvement of an economic picture in modern Japan,
experts predict slower "overtaking" of Japan by India: not in 2032,
but in 2033.
It should be noted
that in this report the main emphasis is placed on the deep and complex
analysis of possible consequences of the accruing influence of economies of
four countries on the universal market.Jim O'Neill and his colleagues counted
that in development of global economy of the state of BRIC will accelerate
rates of the growth from 20% in 2003 to 40% in 2025.At the same time the
presence share (general economic "weight") of these countries in world
economic architecture \very tecktonikdanse will increase from 10% in 2004 to
20% in 2025.Besides, during the period from 2005 to 2015 over 800 million
people in Brazil, Russia, India and China will step over a threshold of the
annual income in 3,000 dollars.
According to data of Institute of economy at Academy of
social sciences of the People's Republic of China, to the entry of the South
African Republic into BRIC in 2011 the total area of territories of four countries
made 26% of all territorial area of the globe, the cumulative population of
four countries reached 42% of all population of the planet.These figures
eloquently testify that during the closest several ten years the State Parties
of BRIC will possess enormous productive forces to what the developed countries
of Europe and USA are obviously not ready. In spite of the fact that in 2001
GDP of Brazil, Russia, India and China made only 7,8% of the universal volume
of GDP, the subsequent rates of economic growth of these countries allowed the
last to outstrip Europe and America in short terms and to leave in vanguard of
world development.In particular it belongs to China which shows impressive
rates of economic growth recently.
Thus, the term of
"BRIC" offered in 2001 by Jim O'Neill is not only the abbreviation
having under itself rich research base but also the certain vector defining the
direction of development of huge economic capacity of four states.
Up to 2011 in relation to this organization the abbreviation of BRIC,
however, in connection with accession of the Republic of South Africa to BRIC
was used on February 18, 2011, the group began to carry the name of BRICS.
As it was already noted, the sequence of letters in this concept is
defined not only harmony, but also that the concept of an English transcription
of BRICS is very similar to the English word of bricks - "bricks".
Thus, this term is used as designation of group of the countries which growth
will provide in many respects future rise in world economy and stock markets in
particular.
Despite of notable
distinctions in levels of economic and social development, historical and
cultural traditions, the states of BRICS unites collective aspiration to
creation of the fair system of the international relations equally considering
historically developed interests of the developed and developing, big and small
countries.
It is obvious that in the absence of strengthening of practical
interaction between Brazil, Russia, India, China and the Republic of South
Africa further cooperation within BRICS will be incomplete.In view of this
regularity, leaders of the states of "five" already defined the
concrete directions of interaction to which problems of food security,
questions of global climate change, scientific and technical cooperation and
power belong, for example.We will notice that active discussion of
above-mentioned subjects was observed during two last summits of a forum of
BRICS: in the Chinese city of Sanya in 2011 and in the Indian capital of New
Delhi in 2012.It should be noted that specific projects of practical
interaction and a form of coordination of efforts of five countries within
"Group of twenty" and in general on the international scene demand
further politological consideration and the complex analysis.
In the conditions of
global crisis development of the countries of BRICS is difficult to predict.
And in very high degree it depends not on purely economic factors any more, and
on the political.Despite everything, it is possible to speak about the formed
traditions already. The BRICS Summits precede the summits of G20 as their
purpose is development and upholding of a collective position on the major
financial and economic questions. Besides, the summits of BRIC is not the only
contacts of top-level "BRICS countries".Meetings of leaders of the
countries within G-20, meetings of the UN, official visits to the countries
entering one of the largest associations XXI centuries –
all this creates that fabric of the relations which over the years will only
strengthen and move the relations of the called countries forward.
The
list of the used literature:
1. BRIC: Prerequisites of rapprochement and prospect of interaction. M.:
Institute of the Russian Academy of Sciences of Latin America, 2010; B.
2. Oleg Ivanov. Russia-India arms deal not aimed at China/Global Times,
January 10, 2013.
3. Denisov A.I. Russia and China: four eyelids of interaction. Under the
editorship of A. V. Lukin. M.: Whole world, 2013//Whole world. Publishing
house//http://www .vesmirbooks.ru/fragments/1811/.
4. Koval O. Great brick wall / However, #11(75).
5. Kolesnikov of A. Tak-s, BRICS … Comments//Release No. 34 of March 28,
2012.