Ethiopia and BRICS: Prospects and Challenges

Wondimu Mekonnen

doi:doi:10.11648/j.jpsir.20240703.12

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Ethiopia and BRICS: Prospects and Challenges

Wondimu Mekonnen^*

Published in Journal of Political Science and International Relations (Volume 7, Issue 3)

Received: 16 August 2024 Accepted: 18 September 2024 Published: 29 September 2024

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Abstract

This study examines Ethiopia's relationship with the BRICS group (Brazil, Russia, India, China, and South Africa), exploring both the opportunities and challenges this affiliation presents. As emerging economies gain global influence, Ethiopia's inclusion in BRICS represents a significant chance to leverage economic, political, and technological strengths. The research highlights the potential benefits for Ethiopia, including enhanced trade, investment, and technology transfer, which could drive the country's economic growth and development. However, Ethiopia also faces substantial challenges, such as infrastructure deficiencies, skill gaps, and regulatory barriers that may hinder its ability to fully align with BRICS frameworks. The study underscores Ethiopia's strategic motivations for engaging with BRICS, including accessing new markets and fostering innovation. It also addresses the risks of economic dependency and the need for a balanced diplomatic strategy with traditional Western partners. Through a mixed-method approach, the research combines quantitative and qualitative analyses to provide a comprehensive understanding of Ethiopia's position within BRICS. The study emphasizes the geopolitical significance of BRICS in reshaping global power dynamics and Ethiopia's potential role in this transformation. The study offers strategic recommendations to enhance Ethiopia's engagement with BRICS, aimed at a mutually beneficial partnership aligned with Ethiopia's development goals and regional influence. This contribution is crucial for policymakers and researchers interested in South-South cooperation and its impact on Africa's fastest-growing economies.

Published in	Journal of Political Science and International Relations (Volume 7, Issue 3)
DOI	10.11648/j.jpsir.20240703.12
Page(s)	59-74
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

BRICS, Ethiopia, Prospects, Challenges, International Relations

References

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[3]	Baah, A. Y. and Jauch, H. (2009) Chinese investments in Africa: A labour perspective. African Labour Research Network.
[4]	Carmody, P. (2013) The rise of the BRICS in Africa: The geopolitics of south-south relations. Zed Books.
[5]	Cheru, F. and Obi, C. (2010) The rise of China and India in Africa: Challenges, opportunities, and critical interventions. Zed Books.
[6]	Corkin, L. (2011) Redefining foreign policy impulses toward Africa: The case of China's engagement in Angola. Journal of Current Chinese Affairs, 40(4), pp. 141-161.
[7]	Fiseha, A. (2018) Ethiopia's experiment in accommodating diversity: 20 years' experience in state restructuring. Regionalism and Modern Transformation, 5(2), pp. 273-306.
[8]	Nasdaq. How Would New BRICS Currency Affect US Dollar? Available from: https://www.nasdaq.com/articles/how-would-new-brics-currency-affect-us-dollar-updated-2024 (accessed 6 October 2023).
[9]	Matyas-Kovacs, E. (2016) Evaluating Chinese agricultural investments in Ethiopia. Forum for Development Studies, 43(3), pp. 461-483.
[10]	Mulugeta, M. F. (2017) The role of BRICS in the developing world: the case of Ethiopia. Bandung: Journal of the Global South, 4(1), pp. 1-18.
[11]	O'neill, J. (2001) Building better global economic BRICs. New York: Goldman Sachs.
[12]	Shinn, D. H. (2014) China's investments in Africa. In China's foreign policy, pp. 90-107. Palgrave Macmillan, London.
[13]	Shinn, D. H. and Eisenman, J. (2012) China and Africa: A century of engagement. University of Pennsylvania Press.
[14]	Stuenkel, O., 2020. The BRICS and the future of global order. Rowman & Littlefield.
[15]	Kirton, J., 2015. Explaining the BRICS summit solid, strengthening success. International Organisations Research Journal, 10(2), pp. 1-29.
[16]	Alden, C. H. R. I. S. and Alves, A. C., 2009. C., “Africa as China’s Cornucopia: the Changing Role of Beijing’s Resource Diplomacy”. Africa and Energy Security: Global Issues, Local Responses, Delhi: Academic Foundation, pp. 109-120.
[17]	Stuenkel, O., 2013. The financial crisis, contested legitimacy, and the genesis of intra-BRICS cooperation. Global governance, pp. 611-630.
[18]	Armijo, L. E., 2007. The BRICs countries (Brazil, Russia, India, and China) as analytical category: mirage or insight?. Asian perspective, 31(4), pp. 7-42.

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APA Style

Mekonnen, W. (2024). Ethiopia and BRICS: Prospects and Challenges. Journal of Political Science and International Relations, 7(3), 59-74. https://doi.org/10.11648/j.jpsir.20240703.12

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Mekonnen, W. Ethiopia and BRICS: Prospects and Challenges. J. Polit. Sci. Int. Relat. 2024, 7(3), 59-74. doi: 10.11648/j.jpsir.20240703.12

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AMA Style

Mekonnen W. Ethiopia and BRICS: Prospects and Challenges. J Polit Sci Int Relat. 2024;7(3):59-74. doi: 10.11648/j.jpsir.20240703.12

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@article{10.11648/j.jpsir.20240703.12,
  author = {Wondimu Mekonnen},
  title = {Ethiopia and BRICS: Prospects and Challenges
},
  journal = {Journal of Political Science and International Relations},
  volume = {7},
  number = {3},
  pages = {59-74},
  doi = {10.11648/j.jpsir.20240703.12},
  url = {https://doi.org/10.11648/j.jpsir.20240703.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jpsir.20240703.12},
  abstract = {This study examines Ethiopia's relationship with the BRICS group (Brazil, Russia, India, China, and South Africa), exploring both the opportunities and challenges this affiliation presents. As emerging economies gain global influence, Ethiopia's inclusion in BRICS represents a significant chance to leverage economic, political, and technological strengths. The research highlights the potential benefits for Ethiopia, including enhanced trade, investment, and technology transfer, which could drive the country's economic growth and development. However, Ethiopia also faces substantial challenges, such as infrastructure deficiencies, skill gaps, and regulatory barriers that may hinder its ability to fully align with BRICS frameworks. The study underscores Ethiopia's strategic motivations for engaging with BRICS, including accessing new markets and fostering innovation. It also addresses the risks of economic dependency and the need for a balanced diplomatic strategy with traditional Western partners. Through a mixed-method approach, the research combines quantitative and qualitative analyses to provide a comprehensive understanding of Ethiopia's position within BRICS. The study emphasizes the geopolitical significance of BRICS in reshaping global power dynamics and Ethiopia's potential role in this transformation. The study offers strategic recommendations to enhance Ethiopia's engagement with BRICS, aimed at a mutually beneficial partnership aligned with Ethiopia's development goals and regional influence. This contribution is crucial for policymakers and researchers interested in South-South cooperation and its impact on Africa's fastest-growing economies.
},
 year = {2024}
}

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TY  - JOUR
T1  - Ethiopia and BRICS: Prospects and Challenges

AU  - Wondimu Mekonnen
Y1  - 2024/09/29
PY  - 2024
N1  - https://doi.org/10.11648/j.jpsir.20240703.12
DO  - 10.11648/j.jpsir.20240703.12
T2  - Journal of Political Science and International Relations
JF  - Journal of Political Science and International Relations
JO  - Journal of Political Science and International Relations
SP  - 59
EP  - 74
PB  - Science Publishing Group
SN  - 2640-2785
UR  - https://doi.org/10.11648/j.jpsir.20240703.12
AB  - This study examines Ethiopia's relationship with the BRICS group (Brazil, Russia, India, China, and South Africa), exploring both the opportunities and challenges this affiliation presents. As emerging economies gain global influence, Ethiopia's inclusion in BRICS represents a significant chance to leverage economic, political, and technological strengths. The research highlights the potential benefits for Ethiopia, including enhanced trade, investment, and technology transfer, which could drive the country's economic growth and development. However, Ethiopia also faces substantial challenges, such as infrastructure deficiencies, skill gaps, and regulatory barriers that may hinder its ability to fully align with BRICS frameworks. The study underscores Ethiopia's strategic motivations for engaging with BRICS, including accessing new markets and fostering innovation. It also addresses the risks of economic dependency and the need for a balanced diplomatic strategy with traditional Western partners. Through a mixed-method approach, the research combines quantitative and qualitative analyses to provide a comprehensive understanding of Ethiopia's position within BRICS. The study emphasizes the geopolitical significance of BRICS in reshaping global power dynamics and Ethiopia's potential role in this transformation. The study offers strategic recommendations to enhance Ethiopia's engagement with BRICS, aimed at a mutually beneficial partnership aligned with Ethiopia's development goals and regional influence. This contribution is crucial for policymakers and researchers interested in South-South cooperation and its impact on Africa's fastest-growing economies.

VL  - 7
IS  - 3
ER  -

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Author Information

Wondimu Mekonnen

Domestic Economic Analysis Directorate, National Bank of Ethiopia, Addis Ababa, Ethiopia

Contact Email

http://orcid.org/0009-0000-9975-1434

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Plain Text BibTeX RIS

APA Style

Mekonnen, W. (2024). Ethiopia and BRICS: Prospects and Challenges. Journal of Political Science and International Relations, 7(3), 59-74. https://doi.org/10.11648/j.jpsir.20240703.12

Copy | Download

ACS Style

Mekonnen, W. Ethiopia and BRICS: Prospects and Challenges. J. Polit. Sci. Int. Relat. 2024, 7(3), 59-74. doi: 10.11648/j.jpsir.20240703.12

Copy | Download

AMA Style

Mekonnen W. Ethiopia and BRICS: Prospects and Challenges. J Polit Sci Int Relat. 2024;7(3):59-74. doi: 10.11648/j.jpsir.20240703.12

Copy | Download

@article{10.11648/j.jpsir.20240703.12,
  author = {Wondimu Mekonnen},
  title = {Ethiopia and BRICS: Prospects and Challenges
},
  journal = {Journal of Political Science and International Relations},
  volume = {7},
  number = {3},
  pages = {59-74},
  doi = {10.11648/j.jpsir.20240703.12},
  url = {https://doi.org/10.11648/j.jpsir.20240703.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jpsir.20240703.12},
  abstract = {This study examines Ethiopia's relationship with the BRICS group (Brazil, Russia, India, China, and South Africa), exploring both the opportunities and challenges this affiliation presents. As emerging economies gain global influence, Ethiopia's inclusion in BRICS represents a significant chance to leverage economic, political, and technological strengths. The research highlights the potential benefits for Ethiopia, including enhanced trade, investment, and technology transfer, which could drive the country's economic growth and development. However, Ethiopia also faces substantial challenges, such as infrastructure deficiencies, skill gaps, and regulatory barriers that may hinder its ability to fully align with BRICS frameworks. The study underscores Ethiopia's strategic motivations for engaging with BRICS, including accessing new markets and fostering innovation. It also addresses the risks of economic dependency and the need for a balanced diplomatic strategy with traditional Western partners. Through a mixed-method approach, the research combines quantitative and qualitative analyses to provide a comprehensive understanding of Ethiopia's position within BRICS. The study emphasizes the geopolitical significance of BRICS in reshaping global power dynamics and Ethiopia's potential role in this transformation. The study offers strategic recommendations to enhance Ethiopia's engagement with BRICS, aimed at a mutually beneficial partnership aligned with Ethiopia's development goals and regional influence. This contribution is crucial for policymakers and researchers interested in South-South cooperation and its impact on Africa's fastest-growing economies.
},
 year = {2024}
}

Copy | Download

TY  - JOUR
T1  - Ethiopia and BRICS: Prospects and Challenges

AU  - Wondimu Mekonnen
Y1  - 2024/09/29
PY  - 2024
N1  - https://doi.org/10.11648/j.jpsir.20240703.12
DO  - 10.11648/j.jpsir.20240703.12
T2  - Journal of Political Science and International Relations
JF  - Journal of Political Science and International Relations
JO  - Journal of Political Science and International Relations
SP  - 59
EP  - 74
PB  - Science Publishing Group
SN  - 2640-2785
UR  - https://doi.org/10.11648/j.jpsir.20240703.12
AB  - This study examines Ethiopia's relationship with the BRICS group (Brazil, Russia, India, China, and South Africa), exploring both the opportunities and challenges this affiliation presents. As emerging economies gain global influence, Ethiopia's inclusion in BRICS represents a significant chance to leverage economic, political, and technological strengths. The research highlights the potential benefits for Ethiopia, including enhanced trade, investment, and technology transfer, which could drive the country's economic growth and development. However, Ethiopia also faces substantial challenges, such as infrastructure deficiencies, skill gaps, and regulatory barriers that may hinder its ability to fully align with BRICS frameworks. The study underscores Ethiopia's strategic motivations for engaging with BRICS, including accessing new markets and fostering innovation. It also addresses the risks of economic dependency and the need for a balanced diplomatic strategy with traditional Western partners. Through a mixed-method approach, the research combines quantitative and qualitative analyses to provide a comprehensive understanding of Ethiopia's position within BRICS. The study emphasizes the geopolitical significance of BRICS in reshaping global power dynamics and Ethiopia's potential role in this transformation. The study offers strategic recommendations to enhance Ethiopia's engagement with BRICS, aimed at a mutually beneficial partnership aligned with Ethiopia's development goals and regional influence. This contribution is crucial for policymakers and researchers interested in South-South cooperation and its impact on Africa's fastest-growing economies.

VL  - 7
IS  - 3
ER  -

Copy | Download