FOR IMMEDIATE RELEASE
[London, 15 January 2024] – The highly anticipated book Shifting Sands: Gulf Countries, BRICS, and the New World Order has been published, offering a comprehensive analysis of the evolving geopolitical landscape in the Gulf region and its impact on the global order. Authored by the GEW Intelligence Unit [supervised by Hichem Karoui], this 228-page book delves into the complexities of power dynamics, economic integration, and strategic alliances among Gulf countries and the emerging BRICS nations.
This publication comes at a critical time when geopolitical tensions and realignments are reshaping international relations. With in-depth research and insightful commentary, Shifting Sands provides a timely perspective on how these shifts are influencing the new world order. From energy politics to security challenges, the book offers a compelling narrative that sheds light on the interplay of interests in this pivotal region.
Shifting Sands: Gulf Countries, BRICS, and the New World Order is an essential read for policymakers, scholars, and anyone interested in understanding the multifaceted dynamics shaping today’s global politics. It provides valuable insights into the strategic interactions among key players in the Gulf region and their implications for broader international relations.
Extracts
Motivation and Objectives of the Book
The global order is transforming significantly, with shifting power dynamics and emerging multilateral alliances. One such alliance that has gained momentum in recent years is the BRICS+ consortium. Comprising the five BRICS countries (Brazil, Russia, India, China, South Africa) and other countries, the BRICS+ consortium is steadily establishing itself as a major force in the global economy. This book aims to delve deeper into the economic perspectives and potential of the BRICS+ consortium, shedding light on various aspects of its influence and impact.
One major aspect this book will explore is the economic growth and development patterns within the BRICS+ consortium. Despite varying levels of development and different economic models, these countries collectively represent a significant share of the world’s population and GDP. By conducting a comparative analysis of their economic policies, structural reforms, and growth strategies, this book aims to provide insights into the future trajectory of the consortium.
With its vast natural resources and agricultural potential, Brazil has been focusing on diversifying its economy, reducing income inequality, and fostering innovation. As a major oil and gas producer, Russia has been working on enhancing its manufacturing capabilities and promoting technological advancements through research and development. India, with its expanding middle class and robust service industry, has been emphasising infrastructure development, foreign investment, and sustainable growth. China, the world’s second-largest economy, has been transitioning from an export-oriented economy to a consumption-driven model while investing heavily in innovation, renewable energy, and infrastructure domestically and globally. Despite being the smallest economy among the BRICS, South Africa possesses significant mineral resources and has been promoting inclusive growth, sustainable development, and regional integration in Africa.
Additionally, this book will explore the potential challenges and opportunities these countries present as they navigate the complexities of global trade and investment relations. It will examine the impact of trade wars, protectionism, and geopolitical tensions on the economic trajectories of the BRICS+ countries. It will also analyse the role of international institutions such as the World Trade Organisation (WTO) and the International Monetary Fund (IMF) in shaping the global economic landscape and influencing the policies and strategies of the consortium.
Trade and investment relations will be another key focus of this book. Member countries of the BRICS+ consortium have been actively expanding their economic ties with each other and other regions. This book will explore the evolving trade patterns and investment flows, identifying key sectors and highlighting potential areas for further collaboration. It will examine the role of regional trade agreements, such as the Eurasian Economic Union (EAEU) and the African Continental Free Trade Area (AfCFTA), in facilitating trade between the BRICS countries and their respective regions. By analysing the trade dynamics and exploring the role of foreign direct investment, it seeks to uncover the driving forces behind the growing interdependence within the consortium.
Innovation is crucial for sustainable economic growth in today’s world. This book will delve into the innovation ecosystems within the BRICS+ consortium, examining their intellectual property rights regimes, research and development capabilities, and strategic initiatives to foster innovation. By showcasing successful innovation case studies and identifying areas for collaboration, this book aims to highlight the consortium’s potential to contribute to technological advancements and global innovation networks.
In addition to studying the BRICS+ consortium, this book acknowledges the historical significance and relevance of the Gulf Cooperation Council (GCC). As a significant global energy supplier, the GCC has played a pivotal role in the geopolitics and energy dynamics of the Middle East and beyond. This book will examine the energy resources, production capacities, and energy policies of the GCC, analysing their impact on the global economy.
Furthermore, it will explore the diversification efforts the GCC countries undertake to reduce their dependence on hydrocarbon exports and transition towards sustainable and knowledge-based economies. This transition includes investments in renewable energy, infrastructure development, tourism, and promoting innovation and entrepreneurship.
This book aims to explore the intersecting interests between the BRICS+ consortium and the GCC. Both sides possess unique strengths and complementarities that can be leveraged for mutual benefit. By conducting a comprehensive comparative analysis of the economic, political, and strategic dimensions, this book aims to identify potential areas of collaboration, such as energy cooperation, infrastructure development, and technology transfer. It will explore the potential for joint initiatives that capitalise on the resources and expertise of both entities, ultimately contributing to the sustainable development and prosperity of their member nations.
The geopolitics of the BRICS+ consortium and the GCC also deserve attention. This book aims to analyse the changing global order, power struggles, and realignment of geopolitical alliances. It will examine the potential role of the BRICS+ consortium and the GCC in reshaping the global political landscape, particularly vis-a-vis the United States. It will evaluate the impact of geopolitical shifts on international trade and investment flows, as well as the influence of these alliances on regional stability and security.
Strategic and economic convergence between the BRICS+ consortium and the GCC will be another examination area. This book will explore the two entities’ security cooperation, military capabilities, counterterrorism efforts, infrastructure development, and connectivity initiatives. By identifying converging interests and exploring avenues for enhanced cooperation, it seeks to foster a deeper understanding of the potential strategic partnerships that could emerge. Policymakers can benefit from this book’s insights and policy recommendations to strengthen ties and bolster regional and global stability.
In conclusion, this book is motivated by the shifting power dynamics in the global order and the growing significance of the BRICS+ consortium and the GCC. By offering an in-depth analysis of their economic perspectives, trade and investment relations, innovation capacities, geopolitical implications, and strategic convergence, this book aims to comprehensively understand the emerging trends, potentials, and challenges for the global community. It strives to illuminate pathways for collaboration, cooperation, and sustainable development in a rapidly transforming world.
Key Findings and Insights from the Book
This book delves into the multifaceted dynamics of the BRICS+ consortium and the Gulf Cooperation Council (GCC), exploring their intersecting interests and implications for the global order. This final chapter summarises the key findings and insights derived from our in-depth analysis.
1. Economic Growth and Development Patterns among BRICS+ Countries:
The BRICS+ countries, encompassing Brazil, Russia, India, China, and others, have emerged as powerful players in the global economy. Our analysis has revealed that these nations have experienced remarkable economic growth and development trajectories over the past few decades. Despite experiencing periodic economic challenges, such as Russia’s economic downturn and Brazil’s recession, these countries have demonstrated resilience and strong macroeconomic fundamentals. Their combined GDP and trade volumes have risen significantly, challenging the traditional dominance of Western economies. China, in particular, has emerged as a global economic powerhouse, with its rapid industrialisation and large consumer base fuelling its growth. This economic expansion has allowed BRICS+ countries to increase their influence and actively shape global economic and financial policies.
2. Crucial Role of the GCC as Global Energy Suppliers:
The GCC countries, on the other hand, hold immense significance as major global energy suppliers. Rich in oil and natural gas reserves, these nations play a pivotal role in meeting global energy demands. The GCC’s combined oil production accounts for a substantial portion of the world’s total, allowing it to shape the global energy market and influence prices. The GCC countries act as vital energy suppliers to developed and developing economies with their production capacities and strategic geographic locations. The stability of the GCC’s energy market is crucial for maintaining global energy security and stability.
3. Potential for Collaboration between BRICS+ and the GCC:
Despite their geographical and cultural differences, our analysis has unveiled substantial potential for collaboration and partnerships between BRICS+ and the GCC. Recognising the benefits of cooperation, several initiatives and forums have been established to enhance economic ties and promote dialogue between the two groups. One such initiative is the BRICS+GCC Business Forum, which aims to foster economic collaboration by connecting businesses and facilitating trade and investment. Encouraging interactions and exchanges between entrepreneurs, investors, and policymakers from both sides creates opportunities for joint ventures, technology transfers, and knowledge sharing. This collaboration would enhance economic ties and foster cultural exchange, technological advancements, and broader regional stability.
4. Geopolitical Implications:
The rise of BRICS+, along with the growing influence of the GCC, has significant geopolitical implications. The shifting global power dynamics, coupled with the increasing assertiveness of emerging powers, challenge the existing global order and call for a recalibration of international relations. The United States, as a dominant force, faces the challenge of adapting to these evolving power dynamics while reassessing its relationships with emerging powers. As BRICS+ and the GCC assert their influence, there is a need for the United States and other Western powers to navigate this changing landscape and engage in constructive dialogue and cooperation. Failure to do so could lead to increased geopolitical tensions and potential conflicts.
5. Strategic and Economic Convergence:
Through a detailed analysis of existing and potential areas of collaboration, we have identified strategic and economic convergence opportunities between BRICS+ and the GCC. Collaborative efforts encompass security cooperation, counterterrorism initiatives, infrastructure development, and connectivity projects such as the Belt and Road Initiative. The BRICS+ countries can leverage the GCC’s expertise in energy production and infrastructure development to bolster their own efforts in sustainable development. Similarly, the GCC can tap into the technological advancements and diverse markets of the BRICS+ nations to diversify their economies and reduce dependence on hydrocarbon exports. Both sides can enhance their capacity to address shared challenges, increase regional stability, and stimulate economic growth by pooling their resources, expertise, and capabilities.
6. Implications for the Global Order:
The rise of BRICS+ and the GCC collectively challenges traditional Western dominance and calls for a more inclusive and multipolar world order. While the United States remains a significant global player, the combined influence of emerging powers cannot be disregarded. Policymakers and global decision-making institutions must recognise the perspectives and interests of BRICS+ and the GCC when formulating policies and shaping the global agenda. Embracing a multipolar approach can lead to more equitable and effective global governance structures. International organisations, such as the United Nations, World Trade Organisation, and International Monetary Fund, must adapt and evolve to accommodate the changing power dynamics and ensure all voices are heard and represented.
7. Case Studies:
The book presented a series of case studies demonstrating the potential for collaboration between BRICS+ and the GCC. These studies focus on diverse areas such as energy cooperation, sustainable development, technological exchanges, innovation partnerships, cultural diplomacy, people-to-people exchanges, and climate change mitigation and adaptation strategies. For instance, the case study on energy cooperation highlights the possibility of joint investments in renewable energy projects, technology transfers, and knowledge sharing to accelerate the transition towards a low-carbon economy. Similarly, the case study on innovation partnerships explores the potential for joint research and development initiatives in fields such as robotics, artificial intelligence, and biotechnology. By examining these exemplars of cooperation, we gain practical insights into the possibilities and tangible benefits that can be realised through enhanced collaboration between BRICS+ and the GCC.
In conclusion, this book has provided comprehensive insights into the rise of the BRICS+ consortium and the Gulf Cooperation Council, exploring their economic perspectives, energy dynamics, intersecting interests, geopolitical implications, strategic and economic convergence, and implications for the global order. The key findings and insights highlighted emphasise the pressing need for enhanced cooperation, collaboration, and mutual understanding between these powerful entities. As the world continues to evolve, the relationships and interactions between BRICS+ and the GCC will undoubtedly play pivotal roles in shaping the future of the global order and influencing the direction of global affairs.
