Political economy of South–South relations: an analysis of BRICS' investment protection agreements in Latin America and the Caribbean.

In the late 2000s, the emergence of the BRICS (Brazil, Russia, India, China and South Africa) gave rise to expectations of an alternative for the countries of the Global South in relation to the traditional powers. In this paper, we investigate international investment agreements between the BRICS a...

Descripción completa

Detalles Bibliográficos
Publicado en:Third World Quarterly Vol. 44; no. 1; pp. 57 - 76
Autores principales: Saggioro Garcia, Ana, Curty Pereira, Rodrigo
Formato: Artículo
Publicado: Taylor & Francis Ltd Jan2023
Materias:
Acceso en línea:Ver este registro en EBSCOhost
fields @attributes:
  recordID: 1
pdfLink:
plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=161787238&site=ehost-live
header:
  @attributes:
    shortDbName: ssf
    uiTerm: 161787238
    longDbName: Social Sciences Full Text (H.W. Wilson)
    uiTag: AN
  controlInfo:
    bkinfo:
    jinfo:
      jid:
        01436597
        TWQ
      jtl: Third World Quarterly
      issn: 01436597
      maglogo: Y
    pubinfo:
      dt: Jan2023
      vid: 44
      iid: 1
      pid: 377
      pub: Taylor & Francis Ltd
    artinfo:
      ui:
        161787238
        10.1080/01436597.2022.2128328
      ppf: 57
      ppct: 19
      formats:
        fmt:
          – @attributes:
              type: T
              db: hlh
              ui: 161787238
          – @attributes:
              type: P
              db: hlh
              ui: 161787238
      tig:
        atl: Political economy of South–South relations: an analysis of BRICS' investment protection agreements in Latin America and the Caribbean.
      aug:
        au:
          Saggioro Garcia, Ana
          Curty Pereira, Rodrigo
        affil:
          International Relations Institute, Pontifical Catholic University of Rio de Janeiro, Rio de Janeiro, Brazil
          Department of Geography and Environmental Management, University of Waterloo, Waterloo, ON, Canada
      su:
        BRICS countries
        Latin America
        Caribbean
        International relations
        Social conflict
        Sustainable development
        Foreign investments
        Investment analysis
      sug:
        subj:
          International relations
          Social conflict
          Sustainable development
          BRICS countries
          Latin America
          Caribbean
          Foreign affairs
          International Affairs
          International Trade Financing
          Administration of General Economic Programs
          Foreign investments
          Investment analysis
      keyword:
        bilateral investment treaties
        BRICS
        foreign direct investment
        Latin America and the Caribbean
        bilateral investment treaties
        BRICS
        foreign direct investment
        Latin America and the Caribbean
      ab: In the late 2000s, the emergence of the BRICS (Brazil, Russia, India, China and South Africa) gave rise to expectations of an alternative for the countries of the Global South in relation to the traditional powers. In this paper, we investigate international investment agreements between the BRICS and Latin America and the Caribbean (LAC). We seek to identify to what extent the BRICS can promote changes in the international investment regime or, on the contrary, reinforce the traditional model of foreign investment protection. To this end, we investigated LAC's political-economic relations with each BRICS country through document analysis of their models of agreements and secondary data analysis of investment, trade, and credit flows, as well as social and environmental conflicts. We conclude that, although some of the BRICS have promoted important innovations in their investment agreements, the models used by each member with their Latin American counterparts mostly reproduce (except for Brazil) the traditional model. Further, the bloc's economic relations with LAC have largely reinforced the region's role as an exporter of raw materials, reproducing asymmetric relations of dependency. Therefore, LAC–BRICS relations, despite representing a geopolitical counterpoint, are limited in contributing to a socially just and sustainable development process.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
    refInfo:
    copyright:
      @attributes:
        flag: N
    holdings:
      @attributes:
        islocal: N