BRICS-driven reform of the international financial system and its power structure orientation--analysis based on realistic constructivism

  • Angang Li
Keywords: BRICS countries, power structure, International financial system, Realistic Constructivism,

Abstract

2008Thefinancial crisis intensified multinational questions about the unreasonable distribution of power in the international financial system,firm BRIC countries. The determination of the power structure of the reform system.based on realistic constructivism theory,The power structure can coordinate the power and identity within the system Game Relations,constraining the powers of the Group of seven and keeping countries in agreement with the system, to maintain stability and development of the system.because this, Bric countries need to be at the critical stage of the current redistribution of power,to enhance the strength of the BRICS as a reform body,push power Transfer from developed economies to emerging economies,Complete the benign reform of the power structure,Thus promoting a comprehensive recovery of the world economy.

References

wetzling T,voorhout J C v. The BRICS Development Bank I A Partner for the Post-2015 Agenda? J] . 2013.

stephany griffith-jones. A BRICS Development bank:a Dream Coming True? R]. Discussion Paper for United na-tions on

Trade and Development , No. 215, P14 , http://unctad. org/en/publicationslibrary/osgdp20141_ en. pdf .

Watson N,Younis M, Spratt S. What Next for the BRICS Bank? J]. Institute of Development studies Uk,2013.

Joe Thomas Karackatt. BRICS Development bank:the Way Forward J]. Issue Brief for Indian Councilto World af-fairs, Au

gust , 2013, http://ICWA. in/pdfs/ibbricsdevelopment. pdf .

stobdan N, Singh R. The BRICS Bank and its prospective place in the world J]. Social Science Electronic Publish-ing, 2015.

Published
2018-09-17
Section
Articles