The rise of emerging powers and the BRICs’ chase to catch up

LIN Yueqin

Ph.D., Associate Research Fellow, Macroeconomics Office, Institute of Economics, Chinese Academy of Social Sciences

 
Abstract:

The rise of great powers is a universal phenomenon in global economic development. However, at different times countries’ rises are accompanied by different tendencies and characteristics. With the BRICs as representatives, the rise of emerging super powers has become a new trend in global economic development in recent decades. What is the difference between the rise of these super-economies and those in the past? In what ways can China’s revival be inspired? These are both theoretically and pragmatically significant questions.

Key words: rise of great powers, catch-up of the BRICs

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