Theoretical Aspects of the Study of Problems of BRICS Countries Cooperation

Abstract

The article deals with the problems and prospects of mutual cooperation between the countries-members of BRICS in the light of contemporary processes of globalization and the restructuring of the global political and economic system. It stresses the possibility to develop BRICS as the transregional association of regional leaders based on international theory of interdependence and on a concept of multi-factor equilibrium (prof. Alexei D. Voskressenski). BRICS can be seen as an interconnected system of asymmetric interactions within global political and economic space. Presented theoretical approach may help to analyze both positive and problematic aspects of the current situation in the relations between the fi ve countries.

Keywords

• brics
• globalization
• interdependence
• multi-factor equilibrium approach
• multipolarity
• political and economic cooperation