June 28, 2012

Opinion

A new BRICS think tank network

The rise of the BRICS bloc in the last decade, since its conception as an economic group by Goldman Sachs in 2001 as a counterbalance to G7 countries in the world scene, has seen a growing cooperation between its members (Brazil, Russia, India, China, and, as a country added in later years, South Africa), specially on economic and diplomatic grounds, as well as the building of an institutional framework, having already held four summits, the last one in March in New Delhi. There is more trade within the bloc, estimated to reach USD 500 billion in 2015, and the contact between their governments is ever growing. However, BRICS countries have big differences, among them their political and cultural values, the composition of their economic structures and outreach, and, above all, the lack of a common history (with exception of some bilateral relations). Nonetheless, even if links between these countries are questionable, the group has been consolidating for the last five years.

The recent publication of The BRICS Report, on the occasion of the last summit, calls for a harmonisation of economic and diplomatic policies, as well as for forging stronger links between the five countries. In the Sanya summit in 2011, the declaration included the need of research cooperation, and the formation of meeting groups for think tanks. In November 2011, the BRICS Trade & Economic Research Network was launched in Shanghai by five think tanks:

Although all five of them are focused on different subjects in their own countries, in this agreement they have focused on three objectives related to trade and economics:

  • Promotion of fair markets,
  • Inclusive growth, and
  • Sustainable development.

As reported in their strategy paper, their work will consist of publications, policy research and advocacy, as well as highlighting the role of government funding for the growth of their activities. It is clear that trade tariffs and conditions are a key matter for the BRICS countries, as they face protectionist measures from developed countries in sectors like agriculture or manufacturing, where they are actually more competitive. These agreements for a BRICS research group were confirmed in the New Delhi summit this year, where talks about greater public policy research where on the agenda.

There are other efforts that look for a common BRICS policy and commitment to its development inside those countries has been getting ever stronger. In Brazil, the BRICS Policy Center (BPC), founded by PUC-Rio and the City of Rio de Janeiro, is dedicated to BRICS studies by means of analysis, further cooperation between the governments, and cooperation between their societies. The BPC receives visitor researchers and fellows from the other BRICS countries and they have a very active agenda on economic, commercial, political and cultural subjects, publishing research papers, organising conferences, monitoring work, etc.

This is an interesting transnational initiative in which think tanks have been given a key role by their respective governments. Do think tank networks in other regions play similar roles?

Read more from: Adrián Lauer

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