BRICS: Salvation or Ruination of South Africa?
The economic landscape of the world is changing dramatically. The power structure that favoured developed countries is falling away under the effects of the global financial crisis of 2008, the slowdown in the US economy and the debt crisis in Europe. At the same time developing countries are gaining economic ground. South Africa is among the developing countries taking a more prominent role on the global stage. With China, Brazil, Russia and India it is part of the BRICS alliance, created to give the leading developing countries a stronger position when it comes to taking global action.
But BRICS has its downsides, and South Africa faces many potential pitfalls as well as potential benefits. Will the richer countries in the alliance use their power to control BRICS initiatives? Can the member countries work together effectively when they are also in competition? What can South Africa gain from it?
You are cordially invited to a round table discussion with Dr William Gumede, author of South Africa in BRICS: Salvation or ruination? (Tafelberg Short/Tafelberg Kort, 2013) on Wednesday 30 April from 15:00 - 17:00 at the Transnational Institute, De Wittenstraat 25, 1052AK Amsterdam.
Dr Gumede is Associate Professor & Convener, Political Economy, Graduate School of Public and Development Management (P&DM), University of the Witwatersrand, Johannesburg; Senior Associate & Program Director, Africa Asia Centre, School of Oriental and African Studies (SOAS), University of London.
He is a former advisor to the Development Bank of Southern Afric, 2014d former Deputy and Managing Editor, The Sowetan newspaper. He is the Founder of Democracy Works, a new democratic initiative.
Dr Gumede is the author of a clutch of number one bestsellers and award winning books. His other most recent books include South Africa in BRICS: Salvation or Ruination, Restless Nation: Making Sense of Troubled Times and Thabo Mbeki and the Battle for the Soul of the ANC. His forthcoming book is Broken Promises, and will be released in May 2014.