FES Perspective, April 2012
On the regional level the BRICS States have proven to be strong players in maintaining regional security and dealing with economic challenges. Given their increasing economic size they are also gaining influence on the international stage. This publication analyzes the role of the emerging powers with regard to the reform of the Security Council, the G20 and the international financial institutions. Reforming the current global institutions has become a priority issue for emerging powers who want their values and visions reflected in the future world order. While the BRICS States have been able to coordinate their politics on a number of issues, for example by contributing to the global recovery plan of the G20, this political unity is lacking with regards to the SC reform, which makes the reform process even tougher. In sum, the author sees the need for a mutual and gradual adaption of the emerging powers into the system to make global governance structures more representative and effective.