Actual problems of the investment law in the BRICS: Comparative legal characteristics of public-private partnership according to the Russian and Chinese legislation
The author presents the outcomes of academic research on anti-corruption legal framework in the Russian Federation conducted as a part of comparative study on anti-corruption legal framework in the BRICS countries. Special attention is paid to implementation of anti-corruption compliance in Russian organizations.
In recent years research collaboration of BRICS countries in a wide range of subject areas has become a high priority for STI policymakers (see Sokolov et al., 2017). Meanwhile, recent studies in this field confirm that the intensity of intraBRICS collaboration is quite low (see Khan, 2015; Finardi, 2015; Finardi and Buratti, 2016). Our study following the research of Shashnov and Kotsemir (2018) proposes an approach for detection of research areas with relatively low intensity of collaboration between BRICS countries. We also assess the potential for strengthening of intraBRICS collaboration in research areas with missed opportunities of cooperation between BRICS countries.
Russia, India and China are paying more and more attention to international security issues. They have developed a broad common security agenda via cooperation through two international institutions created by them. BRICS serve as a mechanism for promoting their economic security interests, SCO is focused on traditional security issues. Along with forming a common position on main international security problems, Russia, India and China act as great powers and disagree on certain security matters mostly of regional and bilateral nature. Cooperation prevails in their foreign strategies, but they are unlikely to create a strong military-political alliance.
This article examines the evolution of Russia’s policy towards BRICS from the time of its formation as a group of four countries in 2006 to the present. The authors analyse the main political objectives that guided Moscow in initiating the creation of this format and in developing it in subse- quent years. The article argues that, with Russia as a participant, the character of the organization has undergone major changes, due both to the changing inter- national situation and fundamental changes that the foreign policy of Russia itself has undergone since 2014.
The G20 and BRICS were born in a crowded world of international institutions following the 2008 financial and economic crisis. The G20 sought to manage the crisis, reform the international architecture and devise a new global consensus. BRICS committed to foster cooperation and policy coordination between its members and promote the international institutions reform. However, 10 years later, the G20’s and BRICS’ pursuit of the international monetary and trade systems reform has produced no fundamental results. This chapter looks into the history of the international monetary and trading systems reform endeavours and examines G20 and BRICS engagement with international organisations for better economic governance, focusing on the IMF, the MDBs and the WTO. It argues that the G20 and BRICS must increase efforts to create a global governance system that reflects new economic and technological realities, responds to persistent challenges, and creates conditions for a balanced and inclusive growth.
The book is the result of an extensive research conducted by professors of five academic institutions from Brazil, Russia, India, China and South Africa - the BRICS countries. The purpose of this work is to analyze the anti-corruption and anti-money laundering legislation in each of these countries, showing the similarities and differencies in terms of domestic legal frames and the international guidelines.
Competitive strategies of platforms often involve contractual arrangements that might be considered as anticompetitive. Since recent decisions of European Commission after investigations against Google in 2017 and 2018, and Bundeskartellamt against Facebook in 2019, the standards of liability for abuses applied by competition authorities will inflence business models of digital platforms. This paper summarizes theories of harm applied by BRICS competition authorities applied towards multi-sided platforms under investigations. One may expect that BRICS approach to be harsher compared to mature competition jurisdictions. However, a comparison shows that discrimination and tying with exclusionary effcts have been the focus of investigations and decisions in BRICS. Remedies in the infringement decisions are intended to protect rivalry through “no restriction of multihoming” conditions. There is no evidence that BRICS authorities apply a specifi economic theory of multi-sided platforms. At the same time, BRICS competition enforcement could be applied as one of the legal instruments when one platform tries to crowd out another from global markets.