The ‘Multi-Polar World’, BRICS and the Coming Chinese Hegemony: Prognoses and Daydreams

Victor Krasilshchikov ()
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Victor Krasilshchikov: Polish Institute of Advanced Studies

Chapter Chapter 2 in Brazil - Emerging Forever?, 2022, pp 11-29 from Springer

Abstract: Abstract The chapter observes various prognoses about the Great Divergence of the East and West, as well as the concept of the BRICS countries. It refers to historical reminiscences concerning the past superiority of China to Western countries. That superiority hid the principal differences between the East and West in productive forces. The author presupposes that the apparent dynamism of some emerging countries, primarily China, hides the difference between the advanced Western countries and the so-called emerging powers, in the character of their productive forces again: the post-industrial, knowledge-based economies in the West and the industrial productive forces in emerging countries. Meanwhile, this difference is the main obstacle to the attempts of China and other emerging countries to become the new economic centre of the world.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:socchp:978-3-030-50208-9_2

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DOI: 10.1007/978-3-030-50208-9_2

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