Abstract

In the last decade, the BRICS countries have undoubtedly become the epicenter of global economic growth. However, dissatisfaction with the modernization process has led to the emergence of a new concept: public governance. Politically, BRICS is made up of three democracies (including the largest in the world, India), a totalitarian regime (China) and a nation characterized by significant authoritarian tendencies (Russia). Several issues that are important to the BRICS member states for the coming period concern the stability of constitutional systems, anti-terrorist efforts, accounting for corruption and security. The BRICS countries have relatively well-developed institutional and legal frameworks necessary to foster the rule of law regime. However, strong corruption and political indulgence have led to erosion in political, economic and legal institutions, a weakening of judicial independence and a lack of democratic accountability. For the success of the BRICS countries, strengthening the rule of law is more critical than ever for further economic progress, which is a long-term process and requires adequate measures to be taken to ensure respect for the principle of superiority of law, equality before the law, responsibility under the law, fairness in the application of the law, division of power, participation, legal certainty in decision making, avoidance of arbitrariness and procedural and legal transparency.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.