The BRICS: The Last Line of Defence for Globalisation?


In the West, the rise of nationalist populism reached a tipping point in 2016 when it generated both the United Kingdom vote for Brexit and the election of Donald Trump as President in the United States of America. In contrast, the BRICS have over this same period invested in strengthening their commitment to the United Nations, global governance and economic globalisation. Although their primary focus has been on inter-BRICS financial, trade and economic cooperation, they opted to focus their 2017 annual Summit on developing strategies to defend global governance, economic globalisation, free trade and collective climate action. How did we get to the point where it seems to be up to the BRICS to play an important role in rescuing globalisation?