The BRICS countries are opening up their markets to trade liberalisation and globalisation through the World Trade Organisation (WTO) and various bilateral and regional trade and investments agreements that are known as Free Trade Agreements (FTAs). All these agreements are driven by Transnational Corporations (based mostly in rich countries) to pry open markets in developing…
The BRICS is a political and economic formation of so-called emerging economies from across the globe. Following the ironic inspiration of a Goldman Sachs investment concept developed in 2001, the grouping began to take real political shape from 2006 onwards, when it first met formally at the sidelines of a UN meeting. Since 2009 the BRICS have held…
This paper by CUT Brazil presents social and economic analysis to inform trade union action, as a contribution so that the BRICS does not become another international initiative that fails to consider the needs of the workers. The hope is that the bloc will actually represent a sustainable development model which is socially just, and a counter-hegemonic alternative…