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Brazil, Russia, India and China were originally grouped by Jim ONeil as BRICs in
2001. These emerging economies were forecast to realize fast economic growth and
be larger than some of the developed economies. In 2006, this group officially
became a diplomatic political entity called BRIC. South Africa officially joined in
2011 and the acronym was extended to BRICS.
South Africa is the newest and smallest member of what used to be the Bric.
Its population is 50 million compared to China's more than 1 billion.
Its GDP ranked only 28th in the world; by contrast China is 2nd, Brazil 6th,
Russia 9th and India 10th.
South Africa accounts for just 2.5% of the Brics' GDP.
Even within Africa, South Africa's growth wracked by high unemployment and
industrial unrest is sluggish compared to many of its neighbors, and its crown as
the continent's biggest economy is under threat from Nigeria.
South Africa is a declining economic power in Africa. In essence it's a briquette.
South Africa in GDP and demographic terms doesn't stack up but there
isn't a single criterion for Brics membership.
What all the Brics countries share, however, is awareness of the potential in the rest
of Africa. Bric-Africa trade is predicted to top $500bn by 2015, with ChinaAfrica trade making up roughly 60% of that total. China's pursuit of
Africa's natural resources has been a central driver of African economic
growth over the past decade.
BRICS -Africa trade is set to increase more than threefold, from $150billion in 2010 to $500-billion in 2015 a trend already apparent in
2011.
In 2010, China overtook the United States as Africa's largest trading
partner, while Brazil and India currently rank as Africa's sixth and 10th
largest trading partners, respectively.
While Jim ONeill pointed out that South Africa was not in the same
league as the other BRICS members, he did concede that South Africa
..can justify its position as a representative for Africa. The continent has
the combined number of people and GDP size to be regarded as a true
Bric. The combined GDP of the 11 most-populated African nations is
similar to that of either India or Russia and has the potential to be as
large as Brazil by 2050, something as large as $10- trillion, between six
and 10 times bigger than today. Now that South Africa is present in the
Brics group, I think it is incumbent on the country to be at the forefront of
trying to help Africa, at least economically, to pursue goals of behaving as
a continent.. South Africa can be a role model for the continent.
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align with BRICS positions which regarding topics such as human rights
may not be in South Africas interest.
Critics have pointed out that South Africa is behaving submissively
towards China. For example, South Africa denied the Dalai Lama a visa
when he sought to visit South Africas Nobel recipient Desmond Tutu in
October 2011 less than a year after China had agreed to invite South Africa
to join the BRICS grouping.
Finally, some have criticized South Africas gateway narrative as it
may hurt South African business interests in its region.
BRICs move into Africa poses a challenge to South Africas strategic
economic interests, particularly in those markets into which South
Africa has been slow to expand such as Angola, where Brazil and China
have established themselves as major players.
The BRICS are certain to be among South Africas fiercest
competitors as South African companies will seek to penetrate
markets in the countrys vicinities.
Latest Developments:
The fifth BRICS summit took place on the 26th-27th of March 2013, at
Durban International Convention Centre (ICC) in South Africa. According to a
speech by the Minister of International Relations and Cooperation, Honorable Maite
Nkoana-Mashabane, the theme for the summit was BRICS and Africa - partnerships
for development, integration and industrialization. The key focus areas of this
summit were the promotion of Africa infrastructure development, the
establishment of a BRICS-led development bank, a BRICS think-tank and a
BRICS business council.
Conclusion:
After significant diplomatic efforts, South Africas inclusion into the BRICS grouping
in 2011 can be regarded as one of South Africas principal foreign policy
achievements over the past years. This occurred not because of South Africas
market size or growth rate, but because it aptly demonstrated that its foreign policy
positions were largely aligned with those of the BRIC grouping underscoring that
the BRICS have a political project in mind that depends on their capacity to develop
cohesive policy positions.
South Africa also fundamentally altered the nature of the BRICS group and
gave it a more global structure. Aside from the narrative that South Africa acts
as a gateway and representative of the African continent, Brazil, China and Indias
previous interaction with South Africa, such as in the context of the BASIC grouping
since the climate negotiations since the Bali conference in 2007, contributed to
generating trust between large emerging powers and South Africa.
Most significantly, South Africas inclusion did not reduce the BRICS
capacity to maintain cooperation, but increased their capacity to develop
joint positions.
South Africa also significantly benefitted from the inclusion. Yet, it also complicated
South Africas foreign policy challenges, demanding that it now must delicately
balance its emerging power obligations with its role as representative of
Africas poor nations and regional leader. This has, in several instances, led to
tension, a notable example being when South Africa seemed to have sided with the
members of the BASIC grouping rather than defend the interests of smaller African
countries.
BRICS growing economic presence in Africa is not necessarily to South Africas
advantage, even if the country is used as a gateway to the continent. Rather,
competition from Brazil, Russia, India and China in countries such as
Angola could very well have negative impacts for South Africas strategy
to assume regional leadership.
Despite these challenges, faced by most regional powers with aspiring
global ambitions, South Africas inclusion into the BRICS grouping can be
regarded as beneficial to all sides.