INTERNATIONAL AFFAIRS Should we fear China and Russia in the global economy?
As the economies of China and Russia expand and integrate into the global economy, both are extending their economic and diplomatic influence with new multi-lateral organisations. BRICS’ leaders (from left): Russia’s Vladimir Putin, India’s Narendra Modi, Brazil’s Dilma Rousseff, China’s Xi Jinping and South Africa’s Jacob Zuma. Are these new organisations a threat to the post-World Ware II Western alliance, or are will they bring greater global economic and political stability? Phillip Y. Lipscy recently analysed this debate in Foreign Affairs (May 7, 2015), the journal of the US Council on Foreign Relations. Lipscy is the Thomas Rohlen Center Fellow,…