HS 286F — Multilaterals, the BRICS, and New Development Trends
Meets for one-half semester and yields half-course credit.
Rising powers, especially the BRICS, are now recognized as centers of development policy innovation, as well as drivers of global growth. They are actively reshaping multilateral rules and institutions underpinning global development efforts and challenging traditional practices. This course situates rising powers in the context of global development architecture and analyzes their development philosophies, funding priorities, and impacts. It examines the new China and BRICS-led multilateral development institutions including the Asian Infrastructure Investment Bank and the New Development Bank. It introduces the controversies of providing global public goods in various sectors including health and food security. The course also provides an overview of critical perspectives on rising powers in global development and discusses emerging development trends. Usually offered every year.