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BRICS in Global Economy

July 5 – 9, 2021


This is a big picture course delivered in one of the most beautiful cities of BRICS member-countries – St. Petersburg.

Course Description

BRICS nations have been developing as one the most influential alliances in terms of contribution to the world’s economy, foreign markets expansion, or enhanced liaisons with other emerging economies. How do these countries do that? What challenges do they face? What countries might join the quintet in the future (if any)? These and other essential topics are in focus of the course.

The course is taught by Tatiana Grishchenko.

The сourse gives a unique opportunity to discuss and gain a profound overview of BRICS development, its relations to politics, and the current challenges of the world economic architecture

Why Choose This Course?

The сourse is a unique opportunity to get acquainted with insights, problems, dynamics and trends of BRICS — a relatively new player in the arena of world economy and international business, to discuss challenges for traditional world economic architecture and the role of BRICS in international cooperation.


  • History of BRICS development and the architecture of World Economy
  • BRICS as a facilitator of cooperation between country-members: results and perspectives
  • BRICS and other initiatives, including 'One Belt and One Road'
  • Economic development of BRICS countries
  • Cross-cultural communication issues
  • Current status of cooperation, trends and challenges of BRICS country-members

Skills and Competence

The main goal of the course is to develop advanced competency in fundamental understanding and evaluating the current and perspective situation in the world economy architecture, increase students' critical thinking competency and equip students with the practical tools, which could be applied to the real business situations.


The course has no formal entry requirements.

Teaching Methods

Classes involve a blend of different experiences. The course includes a traditional lecture-segment and a participant activity-segment with the core focus on real life situations. All lectures are delivered in interactive format. The theoretical material will be accompanied by the case studies to illustrate key points of the course. The course includes intensive teamwork.

Final Assessment

Assessment is based on the presentation of course group project and participation in discussion. 

Final Grade Background

In order to complete the course students have to attend no less than 70% of the classes. Final grading: 80% for the presentation, and 20% participation in discussion (could be increased in the benefit of participant due to the strong performance during the course).

Recommended Reading List

Cormier, Ben (2012). ‘Why the Values of the BRICS Matter.’ Paper prepared in partial fulfillment of the requirements for the Degree of MRes International Politics, University of Glasgow, September.

Lukov, Vadim (2012). ‘A Global Forum for the New Generation: The Role of the BRICS and the Prospects for the Future,’ January 24. BRICS Information Centre.

Kirton, John (2015). ‘Explaining the BRICS Summit Solid, Strengthening Success.’ International Organisations Research Journal 10(5): 9-38. Russian version. English version.

Kirton, John (2020). ‘BRICS Climate Governance in 2020.’ Paper prepared for presentation at the ‘BRICS at Ten: Challenges, Achievements and Prospects,’ Gaidar Forum, RANEPA, Moscow, January 15, 2020.

 O'Neill, Jim (2001). ‘Building Better Global Economic BRICS,’ Global Economics Paper No. 6, November 30. One of the original papers coining the term ‘BRIC.’

Stuenkel, Oliver (2012). ‘Why BRICS Matters.’ March 28. e-International Relations

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