Is BRICS Institutionalization Enhancing its Effectiveness?

The European Union and the BRICS. Complex Relations in the Era of Global Governance, 2015

Posted: 22 Jul 2015

See all articles by Marina Larionova

Marina Larionova

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions

Andrey Shelepov

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions

Date Written: September 2015

Abstract

This chapter aims to explore how BRICS institutionalization correlates with its effectiveness. Thus authors examine the data on BRICS institutionalization in relation to several effectiveness dimensions. First, the study looks at how institutionalization correlates with the balance of global governance functions in BRICS performance, namely: deliberation, direction-setting, decision-making, delivery and global governance development. The analysis is made on the basis of the discourse share devoted to a concrete function in the total annual discourse of the forum. Second, the authors explore BRICS contribution to global governance agenda tracking the dynamics of priorities on the BRICS agenda and assessing the shares of specific priorities in the total discourse. Third, they evaluate the BRICS contribution to development of multilateral global governance, analyzing the references to international institutions in the BRICS discourse, mandates to international institutions and mechanisms established by BRICS within the forum. Finally the study looks at the BRICS compliance performance on concrete commitments made by the leaders at their summits.

Keywords: BRICS, institutionalization, global governance functions, international institutions, compliance

JEL Classification: F55

Suggested Citation

Larionova, Marina and Shelepov, Andrey, Is BRICS Institutionalization Enhancing its Effectiveness? (September 2015). The European Union and the BRICS. Complex Relations in the Era of Global Governance, 2015, Available at SSRN: https://ssrn.com/abstract=2633835

Marina Larionova (Contact Author)

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions ( email )

Andrey Shelepov

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Center for Studies of International Institutions ( email )

Moscow
Russia

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
393
PlumX Metrics