BRICS have influenced the economy by creating NewDevelopment bank, which provides loans to developing countries - giving BRICS more influence around the world shown with all BRICS having 120% minimum growth in GDP from 2000
BRICs are increasingly important to political systems also as there's huge support for India to be permanent member of the UN Securitycouncil
BRICs tend to have a drive for economic growth so have one of the worst impacts on the environment e.g. early 2000sBeijing failed to meet airquality demanded by World Health Organisation due to their reliance on coal
Brazil has history for large deforestation in order for infrastructure space and cash.
Changes are now happening with BRICs having a more important role in climate change conferences like Kyoto Protocol includes China, Brazil and India which is aimed to tackle climate change
Brazil strength and weaknesses?
Economy - strength is produces more than 50% of South America's GDP
Political - weakness is corruption is very high
Military - smallmilitary
Cultural -
Demographic - strength is growingmiddle class and weakness is high levels of inequality
Environmental - weakness is forests threatened by illegaldeforestation a strength is high supplies of oil and biofuel
Russia strength and weaknesses?
Economy - 9th largest economy in the world and large reserves of oil but faces EU sanctions
Political - permanent member of UNCouncil but difficult relations with EU and USA
Military - has nuclear weapons and 4th largest army in the world
Cultural - limited amounts of cultural exports
Demographic - has ageing and declining population
India strength and weaknesses?
Economy - strengths is widespread English has attracted TNCs a weakness is government has large debts
Political - a strength is it is the largest democracy in the world and foundingUN member. weakness is poorgeopolitical relations with Pakistan
Military - 2nd largest military in the world with nuclear weapons
Cultural - foods all over the world
Demographic - strengths is a young population
Environmental - has large amounts of airpollution
China strengths and weaknesses?
Economy - investing in infrastructure projects in other countries to increase trade with rest of the world
Political - tense relationships with many southeast Asian countries
Military - biggest army in the world with nuclear weapons
Demographic - ageing population due to one child policy
Environmental - major air and water pollution due to rapid and unregulated industrialisation
what are the 3 development theories?
modernisation theory
dependency theory
world systems theory
modernisation theory identifies the 5 stages a country has to go through when developing - developed by Walt Rostow. 5 stages are:
traditionalsociety - very slow development locally
preconditions for takeoff - identified by growth of export based trade and advancements in transport and communication networks
takeoff - shown by development of manufacturing industries
drive to maturity - characterised by increasing levels of disposable income and high levels of urbanisation
high mass consumption - urban society with lots of disposable income and consumption of goods
dependency theory believes there isn't a simple linear progression like modernisation theory, instead its a set of relationships between developedcore economies and developingperiphery economies.
3 features of dependency theory are:
core provides periphery with manufactured goods, aid,FDI, political ideals and dominant cultures
periphery provides core with raw materials, cheap products, cheap labour and debt repayments - periphery can be exploited by core - people who move from periphery to core cause brain drain in periphery countries
superpowers in core are able to control value and volume of trade between themselves and periphery - allowing them to protect their status
2 criticisms of dependency theory are?
not all countries belong in either periphery or core e.g. Newly Industrial Countries like Singapore and South Korea have been able to develop independently by specialising in particular economic fields
theory suggests countries are unable to move from being peripheral nation to core nation, splitting the world into two poles
Modernisation Theory - useful when describing economicdevelopment of superpowers but not political and cultural characteristics
World Systems Theory shows the complexity of relationships that exist between countries
expanded the dependency theory and includes semi-periphery which is made up of emerging economies and NICs - semi periphery dominates periphery but not core
countries can move between the regions as they enter periods of development and decline
a criticism is that it describes countries have power and wealth but does not explain why they do