Emerging Powers Cooking Up New International Order

, by IPS

The IBSA (India, Brazil and South Africa) and BRIC (Brazil, Russia, India, China) Summits were held this week in Brazil, both aimed at securing a greater say for top emerging economies in world affairs. Six forums were held in parallel, bringing together women, researchers, journalists, parliamentarians, local governments and small businesses - indicating that this is “a project that belongs to our societies,” said Brazilian President Luiz Inácio Lula da Silva.

Bottom-up development and horizontal South-South cooperation have a significance that goes beyond the individual countries because they are constructing new paradigms. But, the mainstream media has failed to keep up with this process and with the economic and geopolitical changes taking place in the world today that are bringing about a shift in power relations, according to reporters invited to the IBSA Editors Forum, organised by Inter Press Service (IPS) and supported by the Brazilian Foreign Ministry and the World Bank.

Read IPS Special Coverage of these Summits, including "Emerging Powers Cooking Up New International Order", a good introduction to the other articles.