How Do Rising Powers Rise?

Abstract

The idea that a single group of emerging powers, principally the BRIC states, are reshaping global politics is now prevalent. However, the basis of their newfound power is not well understood. Their influence is primarily a function of their regional clout, and their outsized weight in multilateral institutions; but also because the goals of US policy frequently play to emerging-power advantages. Investigation of how the emerging powers are choosing to wield this influence in the economic, financial, and security realms finds that, although they have some blocking power, the most prevalent strategies thus far have been to bargain hard to protect their own interests and national space, and to balance the growing influence of their BRIC counterparts.