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2021 | OriginalPaper | Chapter

3. Brics, Brazil and Africa: Economic Potential and Challenges

Authors : Bruno De Conti, Célio Hiratuka, Arthur Welle

Published in: The BRICS Order

Publisher: Springer International Publishing

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Abstract

The first aim of this chapter is to explore the possibilities and challenges for the establishment of a network of economic relations among the BRICS countries and to show that these economic relations are increasing very rapidly, but mainly due to the importance of Chinese trade and investments in the other four countries. The construction of BRICS is fundamental to the quest for a new international order, but it has to deal with the risk of creating (or reproducing) asymmetries within the bloc. First, the chapter discusses the monetary-financial dimension, and then the productive dimension, with a particular focus on Brazil. As a second aim, the chapter presents the economic relations between Brazil and Africa in the recent period, allowing us to analyse the role the BRICS have (or may have) on that continent.

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Metadata
Title
Brics, Brazil and Africa: Economic Potential and Challenges
Authors
Bruno De Conti
Célio Hiratuka
Arthur Welle
Copyright Year
2021
DOI
https://doi.org/10.1007/978-3-030-62765-2_3