The Logic of the B(R)ICSAM Model for G8 Reform
The BRICs model developed by Goldman Sachs in its publication, Dreaming With BRICs: The Path to 2050, has attracted some considerable attention.1 From an economic perspective, it has enormous attractions in lending attention to four countries (Brazil, Russia, India, China) that that are dynamic global motors of growth. On the basis of GDP/Purchasing Power Parity, China (4), India (6), Russia (11) and Brazil (12) all rank in the top 12.2 Yet, looking beyond material resources to diplomatic logic, the viability of utilizing this model weakens considerably. For this group is highly differentiated in terms of their positioning in the international arena. It contains two members of the Permanent 5 (P5) of the Security Council within the United Nations system (UNSC), one entrant into the Group of G8, and two traditional champions of the global South as expressed through the G77 and other forums.