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ISSUE 01 • 2018

BRICS ACADEMIC REVIEW

     Tapping into

 Africa’s
BEATING DRUM
 Language and Deconolising    Profile: City of Joburg

 BRICS 2018 THEME: ENVISIONING INCLUSIVE DEVELOPMENT THROUGH A SOCIALLY RESPONSIVE ECONOMY
Africa's BEATING DRUM - BRICS ACADEMIC REVIEW - National Institute for the Humanities and ...
Africa's BEATING DRUM - BRICS ACADEMIC REVIEW - National Institute for the Humanities and ...
ED’S
         NOTE

Do we need
another BRICS
publication?
I WAS ASKED THIS QUESTION                       when he said: “Media as a carrier of            Where? When? and Why?
DURING CONVERSATIONS                            information, communication and a                   We also ask So What?
WITH MEDIA COLLEAGUES AND                       messenger for cultural exchanges plays             It is also important to mention that
POTENTIAL CONTRIBUTORS. IT IS A                 an irreplaceable role in deepening              in a world where editorial integrity has
GOOD QUESTION TO ASK.                           cooperation among the countries.”               fallen prey to advertising dollars, at BAR
                                                   BRICS Media has come a long way              we strive to conform to strict standards of
            If we’re asking, “Do we need        since the first media forum in 2015, at         scholarship and editorial excellence, because
    I       another BRICS publication?”
            then presumably, we’re tired
                                                which journalists were encouraged to
                                                report only stories that were positive, to
                                                                                                the publication has been commissioned by
                                                                                                the National Institute for the Humanities
of the coverage we’re seeing already. Just      counter the negative publicity from a hostile   and Social Sciences, the custodian of the
how much current media on BRICS is              Western media determined to see BRICS           South African BRICS Think Tank.
there, though?                                  flounder before it could be established as         As a member of the BRICS
   A quick cursory search of BRICS              a stable alternative economic grouping.         community, we would like you to be
on the internet reveals results that are        Indeed, this “report only good” stance          included in the process of developing
sadly outdated; there is very little current    made sense at the early stages of BRICS,        content for this publication, and thus we
information on BRICS due to lack of
input on the subject matter.
   Unfortunately, this means that not a
lot of people are having a conversation             This publication analyses this information
about BRICS – or if they are, those
conversations are all happening behind          beyond positive reporting, answering the
closed doors. And even if they are, that is
not an encouraging idea.                        five W’s: What? Who? Where? When? and
   Lack of transparency has been one of
the criticisms in the way the development       Why? We also ask So What?
of BRICS is reported to the masses. This
leaves the door open to speculation, a lack
of confidence and negative reporting. It
would be just plain irresponsible if we         when it was vying for position in the global    encourage you to feel free to share your
were passive about the role of media in         geopolitical space.                             input on one of these platforms:
influencing opinions.                              But what about now? As BRICS enters            Email: bar.editor@nihss.ac.za
   We need to accept that the latest            its second decade, we have an opportunity         Twitter: @BRICSAcademicRe
information about BRICS needs to be             review the road travelled; to reflect and         Facebook: @BRICSAcademicReview
made available to the public frequently, to     propose how BRICS can enter this second
stimulate collaboration and cooperation         decade in a way that has the most positive         It is our hope that your input will
between these five nations with huge            impact on its citizens – the most populous      contribute towards strengthening the voice
economic, cultural and political differences.   and economically significant of any current     of BRICS in the global media space. To
   This point was expressed very clearly        global economic grouping.                       answer the question at the start of this note:
by Cai Mingzhao, president of China’s              This publication analyses this                  Yes, we most certainly do!
Xinhua News Agency and executive                information beyond positive reporting,
chair of the first BRICS Media Forum,           answering the five W’s: What? Who?                VUYO DLAMINI

                                                                                                                       ISSUE 01 • 2018 | 3
Africa's BEATING DRUM - BRICS ACADEMIC REVIEW - National Institute for the Humanities and ...
CEO’S                                 which is dominated by a few superpowers.

         NOTE                                     The BRICS Academic Review seeks
                                               to provide critical and strategic ways
                                               of examining the role that BRICS has
                                               to play in a fast-paced, changing world
                                               system, and to serve as a platform where
                                               original proposals, concepts and theories
                                               can flourish. The language of BRICS will
                                               have to be different if it seeks to engage
                                               with the dominant discourse of the liberal
                                               world as espoused by its scholars, and
  Exploring the                                transform it.
  transformative                                  Critical studies that build on the body
  potential of BRICS                           of knowledge within BRICS – referred to
                                               as BRICSOLOGY – abound, and should
                                               be accessible to the broader public and
                                               policymakers alike. Strategies adopted
              This year is a milestone for     in the BRICS countries should be based
    T         BRICS, marking as it does
              the 10th anniversary of its
                                               on empirical data and should be different
                                               in order to address the unique challenges
  formation. As the host country for the       confronting the 42% of the world’s
  2018 summit, South Africa has a role to      population making up BRICS.                    the second golden decade of BRICS co-
  play in shaping the discourse and the           For BRICS to succeed, citizens of these     operation and solidarity.
  agenda regarding the future of BRICS.        five member states need to understand            In driving these objectives, the BRICS
     There is growing academic and public      the group’s political and economic vision.     Academic Review will examine new
  interest in all matters related to BRICS     And, most importantly, they need to see        narratives and policy alternatives being
  and the Global South. Academics              their lives change for the better.             mooted in South Africa. These are many
  and researchers in South Africa have            It is appropriate, therefore, that the      and varied, and are bound to provoke more
  established long-term comparative
  research projects and networks in Brazil,
  Russia, India and China. The same
  can be said for civil society and labour         BRICS Academic Review seeks
  organisations, which have established
  various networks with their counterparts     to provide critical and strategic ways of
  in these countries.
     However, there is often a missing link    examining the role that BRICS has to play in
  between academics, researchers and policy
  makers, civil society and labour.            a fast-paced, changing world system, and to
     It gives me great pleasure, then, to
  introduce this new publication, the BRICS    serve as a platform where original proposals,
  Academic Review. It is hoped that this
  must-read will go some way towards           concepts and theories can flourish.
  bridging the gap between academics,
  researchers and policy makers.
     The establishment of BRICS a decade
  ago goes beyond the simple concept of        theme for South Africa’s tenure of the         thought and debate on the way forward for
  having five different countries come         BRICS presidency is Inclusive Development      BRICS.
  together to form a political and economic    Through a Socially Responsive Economy.           The time is ripe for new ideas; join us
  collaboration. The most compelling              In the Xiamen Declaration of 2011,          and our contributors as we map out an ever
  purpose for the formation of BRICS           BRICS committed to working together            more promising future for BRICS.
  was, and still is, that of changing the      to enhance its strategic partnership for the
  geopolitical landscape.                      welfare of all its people. Likewise, South     PROF SARAH MOSOETSA
     To this end, the five member states       Africa is committed to building on the         Chief Executive Officer
  making up BRICS seek to bring about          outcomes and consensus of the previous         National Institute for the Humanities and
  a radical reinterpretation of the current    BRICS summits with unwavering                  Social Sciences (NIHSS), custodians of the
  narrative regarding the political economy,   conviction – and in so doing, usher in         South African BRICS Think Tank (SABTT)

4 | BRICS ACADEMIC REVIEW
Africa's BEATING DRUM - BRICS ACADEMIC REVIEW - National Institute for the Humanities and ...
Contents                                                                    EDITOR
                                                                            Vuyo Dlamini

                                                                            PUBLISHING
                                                                            Lifestyle Media

                                                                            ART DIRECTOR
                                                                            Charl Malherbe

                                                                            SUB-EDITOR
                                                                            Craig Falk
                                                                            Alyn Adams

                                                                            PROOF READER
                                                                            Colette Braudo

                                                                            PRINTER
                                                                            Lebone Litho Printers

                                                                            Copyright © 2018 by Lifestye Media. All rights reserved.

                                                                      34
                                                                            No part of this publication may be reproduced or
                                                                            distributed in any form or by any means, or stored in a
                                                                            database or retrieval system, without the prior written
                                                                            permission of the publisher. Opinions expressed in this
                                                                            publication are not necessarily those of the editors,
                                                                            publisher, or advertisers.

                                                                            CONTRIBUTORS
THE OPENER                                                                  Amanda Lucey, Aquina Thulare, Ari Sitas, Aurelia
Upfront         Reflections on 10 years of BRICS                       8    Mbokazi-Dyantyi, Batandwa Malingo, Bernice Maune,
                                                                            Jerry Obakeng Gaegane, Marianne Buenaventura
Insight         Unpacking 2018 BRICS theme with Professor Ari Sita     16   Goldman, Musa Tintswalo Maphalakasi, Nhlanhla Maake,
Op-ed           What does the NDB’s Regional Center mean for Africa    17   Philani Mthembu, Rasigan Maharajh, Seeraj Mohamed,
                                                                            Siphamandla Zondi, Soya Magida; Yaroslav Lissovolik
Essays          Viewpoints from the academics                          21
Photo series    Joburg’s present-day gold rush in photos               34

AFRICAN AFFAIRS
Observation     The Decolonisation Project: Language in Advertising    46
In focus        Africa: A continent of intellectual wealth             50
Phd graduates   NIHSS graduate programme highlights                    54
Guide           What makes Joburg a world class African city?          57
                                                                            NATIONAL INSTITUTE FOR THE HUMANITIES
                                                                            AND SOCIAL SCIENCES
BRICS AGENDA
                                                                            Email: info@nihss.ac.za
Global view     BRICS: poised for a bigger global role?                62
                                                                            Tel: +27 11 480 2300
Health          BRICS gets a health assessment by Dr Thulare           70   Fax: +27 11 482 3068
Overview        Insights, news and commentary about BRICS              78   2nd Floor, 24 St Andrews Johannesburg,
                                                                            Parktown Gauteng, 2193
Literature      Essential books to read this quarter                   86   Postnet Suite 413 P/Bag X30500 Houghton, 2041
Gallery         Humanities and Social Sciences Awards 2018             84   www.nihss.ac.za
Africa's BEATING DRUM - BRICS ACADEMIC REVIEW - National Institute for the Humanities and ...
EVENT

    The 3rd
     Annual
 Conference
 of the BRICS                                                                          UNDER THE THEME: “UNBLOCKING
                                                                                       BRICS UNIVERSITIES’ PARTNERSHIPS:
                                                                                       POSTGRADUATE EDUCATION
   Network                                                                             OPPORTUNITIES AND CHALLENGES”

  University                                                                           SCHEDULED FOR 5-7 JULY 2018
                                                                                       Van der Sterr Building, corner Bosman and Victoria Street,
                                                                                       Stellenbosch University, Stellenbosch

                                HOSTED BY:                                             The primary aim of the conference is to consolidate the BRICS education
                                                                                       agenda as well as highlight strategic areas of research collaboration and
      THE DEPARTMENT OF HIGHER EDUCATION AND                                           exchanges through the BRICS Network University in order to position the
                 TRAINING (DHET)                                                       BRICS nations in the global knowledge system.

                       IN PARTNERSHIP WITH
                                                                                       Delegates are responsible for making their own travel and
    THE NATIONAL COORDINATION COMMITTEE (NCC)                                          accommodation arrangements. However, block reservations have been
         OF THE BRICS NETWORK UNIVERSITY                                               secured at favourable rates for delegates at both Spier Hotel, R310
                                                                                       Stellenbosch (www.spier.co.za) and Protea Hotel by Marriot Stellenbosch
                                       AND
                                                                                       Techno Avenue, Techno Park (proteahotels.com) Delegates are required
                 STELLENBOSCH UNIVERSITY (SU)                                          to contact the hotels directly. Delegates who wish to stay at Spier
                                                                                       Hotel must provide the reference no. 2144831 and email their request
                                                                                       to reservations@spier.co.za for reservations at their own cost. The
                                                                                       reservations will be held until 9 June 2018 for both hotels.

  Any query regarding logistics and accommodation        Queries relating to the conference content should be       Kindly confirm your participation by registering
 should be directed to the conference coordinator Ms      directed to Mr Simon Motlhanke at Motlhanke.s@                      through the following link:
 Lidia du Plessis at lidia@sun.ac.za or mobile number:          dhet.gov.za; or Ms Mmudi Maphalla at             http://www.bricsnetworkuniversityconference.co.za/.
                 +27 (0)82 940 5700.                                  Maphalla.M@dhet.gov.za.

                                            REGISTRATION IS OPEN UNTIL 20 JUNE 2018.

              Looking forward to welcoming you
Africa's BEATING DRUM - BRICS ACADEMIC REVIEW - National Institute for the Humanities and ...
the
Opener

                        Reflections on 10 years of BRICS
                                                             8
     Unpacking 2018 BRICS theme with Professor Ari Sitas
                                                            14
    What does the NDB’s Regional Center mean for Africa?
                                                            17
                          Viewpoints from the academics
                                                            21
                 Joburg’s present-day gold rush in photos
                                                            34
Africa's BEATING DRUM - BRICS ACADEMIC REVIEW - National Institute for the Humanities and ...
UPFRONT
          ABOUT WRITER
    Soya Magida is a financial
    journalist. He’s written for
  Business Report, Business Day,
   Business Times and Financial
   Mail. He holds a B.Comm from
     Walter Sisulu University.

  SOYA MAGIDA

  BRICS must
  address injustices
  at home before it
  can fix the world

      T
  THE FORMATION CALLED BRICS
  HAS CAPTIVATED WORLD
  ATTENTION WITH ITS PROMISE
  TO ACT AS A FORCE THAT
  CAN DISCIPLINE IMPERIALISTIC
  DOMINATION OF WORLD AFFAIRS
  BY WESTERN POWERS. BUT THE
  BRICS WILL HAVE TO ADDRESS
  SOCIAL JUSTICE ISSUES AT HOME,
  IN ORDER TO BECOME A GOOD
  FORCE IN THE WORLD

  The association of Brazil, Russia, India,        Soko notes that: “It will not be enough         This relic of western imperialism
  China and South Africa (BRICS)                (for BRICS) to seek to correct uneven           remains visible in the constitution of
  approaches its 10th annual summit with a      power relations in the global sphere without    multilateral organisations like the United
  refreshing theme: “Envisioning inclusive      addressing socioeconomic vulnerabilities        Nations, the International Monetary
  development through a socially responsive     within the BRICS states themselves.”            Fund (IMF) and the World Bank, and in
  economy.” Many are hoping and praying            Adds Soko, “For these countries to           international trade arrangements.
  that this theme does not live and die as an   have appeal and project soft power, they           Simply put, Western nations – like the
  empty slogan.                                 must also be seen as credible. The power of     United States, United Kingdom, France,
     The theme speaks to a largely              their voice in global governance processes      Germany, etc. – continue to dominate the
  neglected inward-looking social factor        should echo their transformative actions        world order, leaving a trail of despicable
  in the life of the BRICS formation – an       domestically.”                                  injustices in their wake. Their riches – the
  oversight that could potential scupper the       BRICS is largely understood as a force       wealth and welfare of their populations –
  critical BRICS project.                       with the capability to discipline the global    come at the expense of the people of the
     That grim possibility is well captured     political order – mainly the inequitable        developing world.
  by Mills Soko, the head of the Graduate       distribution of economic and political             The BRICS formation has largely
  Business School at the University of          power at international level that favours the   shaped up as an effort to rectify these
  Cape Town.                                    Western powers.                                 persisting geopolitical injustices.“As

8 | BRICS ACADEMIC REVIEW
Africa's BEATING DRUM - BRICS ACADEMIC REVIEW - National Institute for the Humanities and ...
a collective, (the BRICS nations) are           lived as a club of men, with little ambition      BRICS is indeed a good sign of some
unhappy with, and critical of, Western          – if any – to enforce gender equality.         positive change in world economics. The
dominance of multilateral institutions,”        A paradigm shift is required to fix this       bloc has emerged on the back of the rising
argues University of Johannesburg               situation, argues Shubha Chacko, gender        significance of developing economies to
academic Mzukisi Qobo. “This is because         equality activist who penned the article       world trade.
they have for many years been on the            titled: Taking it to the Bank: Gender Issues      The numbers speak for themselves.
margins. They’re also dissatisfied with         at the New Development Bank.                   Representing about 40% of the world’s
the perceived refusal of the West to share          Most critiques agree that there is         population, the Brazil, Russia, India,
global power.”                                  still time and considerable goodwill to        China and South Africa bloc has become
   In that understanding, BRICS takes an        mend the BRICS project. It’s partly            a key driver of global economic growth. It
offensive posture, focused on disciplining      reflected in the Xiamen Declaration            generated 20% of world output in 2016 and
the imperialistic forces. It’s a justifiable    from the 9th BRICS summit, which               has accounted for 50% of global growth
mission, but it needs to be accompanied by      commits to the 2030 Agenda for                 since the end of 2009.
deep introspections to stand any chance of      Sustainable Development.                          The prevailing world order has failed
success. Otherwise, the BRICS will become           It says “We will also advocate             to recognise this change. Developing
a waste of time and energy.                     equitable, open, all-round, innovation-        nations remain grossly under-represented
   There are already observations               driven and inclusive development, to           in multilateral institutions, which
suggesting that BRICS is offering more          achieve sustainable development in its         feed into unfair trade relations driving
of the same. That view is aired amongst         three dimensions – economic, social            inequality and poverty.
others by Wits University academic-             and environmental – in a balanced and             Inequality and poverty remains a fixture
cum-social justice activist, Patrick            integrated manner.”                            of the developing world; a reality that is
Bond. He warns that “The BRICS had                  This was echoed by China’s President       well captured in the latest Oxfam report on
promised to challenge an unfair global          Xi Jinping. “We need to make the               inequality. The report does note the progress
economic system.” But it seems to be            international order more just and              registered in recent years – for instance, the
failing in this mission by leading a
“neoliberal life” that’s not so different to
that of the Western/capitalistic states it
is condemning.                                      The world needs a new champion for
   And there are suspicions that BRICS
sets out to become another elite group for      inclusive development – which can only
itself within an order of world inequality.
Its approaches to business and economic         be achieved through socially responsive
development seem to be not so different to
the environmentally destructive practices of    economies. The theme of the 10th BRICS
the modern era.
   Those who make this charge point             Summit speaks to that need.
to some of the projects financed by the
BRICS’ New Development Bank, among
other activity. They are also concerned about
the posture of the bank – its governance        equitable… We need to make economic            number of people living in extreme poverty
rhythms have so far failed accountability       globalisation open, inclusive, balanced        (on less than $1.90 a day) halved between
and transparency tests.                         and beneficial to all, build an open           1990 and 2010.
   The New Development Bank, argues             world economy ...”                                The number continues to decline, but
University of Pretoria academic Danny             But then, talk is cheap. Follow-ups from     not fast enough – and the geographical
Bradlow, risks repeating the tragic             the 10th BRICS summit will have to be          biases in inequality and poverty trends
mistakes committed by the Bretton               watched closely.                               remain largely intact.
Woods institutions. The main mistake                                                              The Oxfam report also notes that
of the latter was to concentrate only on        The global inequalities                        the many who have been lifted out of
economic issues in their operational            There is no doubt the BRICS mission            extreme poverty often remain very poor.
decision – at the expense of social,            needs to be breaking the glass ceiling         They are in debt and struggling to feed
human-rights and environmental                  for developing countries. The world            their families. “Many may be only one
factors. This and other behaviour could         remains a nasty place for the masses           step away from slipping back. More than
undermine the BRICS, argues Bradlow.            in the developing world. And yet the           half of the world’s population lives on
   And a dismal performance on the              phenomenon called BRICS represents             between $2 and $10 a day.”
gender-equity scales is not helping the         hope for positive change – in what makes          This, says the report, is a result of such a
situation. BRICS has thus far largely           for a schizophrenic development.               small proportion of global income growth

                                                                                                                       ISSUE 01 • 2018 | 9
Africa's BEATING DRUM - BRICS ACADEMIC REVIEW - National Institute for the Humanities and ...
UPFRONT

  having gone to the poorest half of humanity
  in the past 25 years. It’s a point taken from
  the latest World Inequality Report, put
  together by the World Inequality Lab.
      That report shows that the top 1%,in
  economic wealth terms, captured 27% of
  total global income growth between 1980
  and 2016, while the bottom 50% only
  received about 12% of total income growth.
      The global average per-adult national
  income stands at €1,340 per month,
  according to the World Inequality Report.
  North Americans command an income that
  is three times higher than the average. That
  figure is two times higher than the global
  average in Europe.
      China is said to be in a much better
  position than before. Average per-adult
  income in China is slightly lower than the
  global average. China has over the years
  risen to claim a higher share of global
  income than North America or Europe
  (19%, 17%, and 17%, respectively). That
  paints a marked improvement from the
  1980s, when China represented only 3%
  of total global income. “Over this period,
  strong converging forces were in play
  that reduced global income inequality             Poverty in South Africa
  between countries. While growth slowed            Township of Kliptown is a suburb of the       Sadly, the domestic factor in the
  in Western Europe, it skyrocketed in              formerly black township of Soweto. Its      BRICS record is not looking good. These
  Asia and China in particular, following           origins are a very poor and impoverished    countries run with huge but varying
  the modernisation of its economy and its          black township under South Africa’s         human rights deficits.
  opening to global markets,” says the World        Apartheid government. 24 years on and         The domestic factor has made BRICS
  Inequality Report.                                poverty still persists.                     vulnerable to attacks at home and
      However, adds the report, diverging                                                       abroad. That’s partly because the global
  forces were also in play in other parts of                                                    inequality numbers also show worrying
  the world. “From 1980 to now, average           ordinary citizens in the member states        inequality trends within BRICS countries
  incomes in sub-Saharan Africa and               and beyond to become a life changing          themselves. South Africa, Brazil, India
  South America fell behind the world             reality. It can’t be just about summits       and to some extent Russia are struggling to
  average.”                                       between business and government               address their inequalities and stubbornly
      Clearly the world needs a new               leaders – it must be people centred.          high poverty levels. While China has
  champion for inclusive development,                It’s the ordinary people, the workers in   achieved a lot in terms of lifting millions
  which can only be achieved through              factories and the small to medium-sized       out of poverty, it still face criticism for the
  socially responsive economies. The theme        entrepreneurs and cooperatives, who can       rural/urban welfare divide.
  of the 10th BRICS Summit speaks to              drive up the output that can rebalance
  that need.                                      world trade. A ground-up movement             South Africa’s stubborn
                                                  that can support the BRICS ideals             inequalities
  BRICS inequalities                              will be shaped by the “soft power” and        South Africa, the host of the 10th
  The political diplomacy that has made           credibility that Soko speaks of.              BRICS summit, is coming under the
  BRICS the potent force it has become               Bradlow points out that for BRICS          microscope in its struggle to facilitate
  so far is not enough to realise its ideals      nations to achieve a just and equitable       inclusive growth. The country has come
  of transforming world economics into a          international economic order, they            to be known as one of the most unequal
  just affair. BRICS needs to be a ground-        will be required to take seriously their      societies in the world. That’s not to
  up movement to stand any chance of              commitment to protect and promote             disregard some progress achieved since the
  real success. That’s to say the BRICS           human rights as set out in the UN             country transitioned from the apartheid
  movement must enjoy the support of              Charter and other human rights treaties.      system into a democracy in 1994.

10 | BRICS ACADEMIC REVIEW
have in general terms claimed a              growing as an important lens through
                                           disproportionately higher portion of         which to understand the dynamics of
                                           the post 1994 economic growth. That          inequality in South Africa. “Evidence
                                           trend connects to the global feature         from a 2012 study showed that intra-race
                                           highlighted in the Oxfam analysis.           inequality (inequality between members of
                                              “Last year saw the biggest increase in    the same race group) had exceeded inter-
                                           billionaires in history, one more every      race inequality (between race groups).”
                                           two days. Billionaires saw their wealth         This, in other words, means that
                                           increase by $762-billion in 12 months.       income inequality among black South
                                           This huge increase could have ended          Africans has become higher than in any
                                           global extreme poverty seven times over.     other race group. They highlight the
                                           82% of all wealth created in the past year   fact that in1993, inequality within race
                                           went to the top 1%, while the bottom         groups accounted for 48% of overall
                                           50% saw no increase at all.” That’s more     inequality. By 2008, this had increased
                                           or less the story of South Africa.           to 62%.
                                              The point is, while South Africa has
                                           addressed some of the poverty challenges     BRICS behaviour
                                           facing its population, the level and         The formation of BRICS came with a
                                           quality is not good enough to address its    promise to deliver a new approach to
                                           inequality gap.                              global economic governance in what can
                                              In an article explaining the dynamics     become a significant driver of inclusive
                                           of South Africa’s inequality, academics      development. 10 years have passed
                                           Edward Webster, David Francis and            since BRICS was formalised. It’s fair to
                                           Imraan Valodia point out that “It is         look back and ask the question of how
                                                                                        effective it has been in reforming global
                                                                                        economic governance in practice.
                                                                                           Some academics have considered
                                                                                        this question.The honest answer, argues
BRICS takes an offensive posture, focused                                               Bradlow, is that as a group, BRICS
                                                                                        hasn’t been an effective force at all. This
on disciplining imperialistic forces. It’s                                              is due to a number of reasons, not least
                                                                                        failure to walk the talk.
a justifiable mission, but it needs to be                                                  Bond concurs, arguing that BRICS
                                                                                        has wasted opportunities to change
accompanied by deep introspections to                                                   global economic governance after being
                                                                                        invited into institutions like the IMF and
stand any chance of success.                                                            the World Bank.
                                                                                           Bradlow uses the performance of
                                                                                        BRICS members inside the G20 and
                                                                                        within the IMF and the World Bank to
                                                                                        look at its track record.
   Considerable upward mobility has        widely accepted that South Africa is            He adds that BRICS countries,
occurred within the black section of       one of the most unequal societies in the     together with other G20 developing
the population. Some opening up of         world – the top 10% of the population        countries, have become more active
the economy has pushed many black          earn about 60% of all income and own         participants in organisations responsible
households out of poverty to enter the     95% of all assets.”                          for developing international financial
low- to middle-income class. Many more        The three academics further point         regulatory standards. “This means that
– about a third of the population – have   out that “Gender inequality in wealth        they now can participate in the writing
been saved from absolute poverty by a      and income continues to be pervasive in      of standards that guide the international
massive social grant programme. A few      South Africa. Significantly, black women     financial system. But the system
black individuals have moved into the      continue to carry the burden of low-paid     continues to be more responsive to the
middle- and higher-income bracket.         work.” In 2015, they argue, there were       interests of the rich and powerful than
   But inequality persists due to the      1.1-million domestic workers in South        those of the developing world.”
fact that some of the key structural       Africa, 887,000 of them women, who              He further notes that while the G20
impediments remain in place. The           earned less than R3,500 per month.”          has supplanted the G7, made up of
historically privileged white groups          They also point out that class is         Canada, France, Germany, Italy, Japan,

                                                                                                            ISSUE 01 • 2018 | 11
UPFRONT

  the UK and the US, as the premier
  forum for global economic governance,
  the agenda of the G20 meetings is
  still largely set by the most powerful
  countries – which now include China,
  but not the other BRICS members.
     On the IMF and World Bank
  participation, Bradlow says both these
  institutions changed their voting
  arrangements to give a louder voice to
  developing economies and emerging
  economies. “This has particularly
  benefitted China, India and Brazil. But
  BRICS hasn’t supported South Africa’s
  call for a third African seat on the
  board of the IMF. This has left Africa
  as the most underrepresented region on
  the board.”
     Bond takes the argument further,
  arguing that “the BRICS [countries]
  are at their most self-destructive mode”
  in the role they play within global
  governance institutions. He notes that
  the latest rearrangement of voting right
  inside the IMF increased China’s voting
  power by 37%, Brazil’s by 23%, India’s
  by 11%, and Russia’s by 8%. “This is seen          [BRICS]…opened spaces and
  to have come at the expense of Nigeria,
  which lost 41% of voting power, Libya          opportunities for feminist activists from the
  (39%), Morocco (27%), Gabon (26%),
  Algeria (26%), Namibia (26%) and even          global south to engage with the larger
  South Africa (21%).” This doesn’t augur
  well with the principles of equity that the    political economy debates.
  BRICS are claiming to be serving.              - Priti Darooka, executive director, Programme on Women’s Economic,
     Their claims, argues Bond, were further
                                                 Social and Cultural Rights
  compromised by the deal that the BRICS
  New Development Bank signed with the
  World Bank. The deal would see the two
  organisations collaborate in the areas of         For example, says Bradlow, it’s harder    a commitment to respect and promote
  project finance, facilitation of knowledge     for outsiders to access information on the   the rights of each individual affected by
  exchange, advisory services and secondment     operational policies and practices of the    each project, programme or policy that the
  and staff exchanges. “The BRICS leaders        bank than those of the World Bank or the     BRICS undertake.
  may regret these growing ties to global        African Development Bank. “Unlike those         “This requires developing a good system
  power. As the BRICS-bloc coherence             other banks, there isn’t yet a mechanism     to forecast the impact of a project on the
  comes into question, a progressive             to hold the New Development Bank             environment, society, and human rights.
  BRICS-from-below network will offer a          accountable if it causes harm.”              Another element is accountability. Any
  far more attractive version of South-South        To fulfil their commitment to promote     person adversely affected by a project should
  collaboration.”                                a more just and equitable global economy,    have access to a mechanism that can provide
     To its credit, says Bradlow, BRICS          the BRICS will need to up their game,        them with an effective remedy.”
  has come up with new international             says Bradlow “Achieving a just and
  financial institutions. The key ones are the   equitable international economic order       Politics and civil society
  BRICS’ New Development Bank and the            requires governments to take seriously       Failure to engage broader civil society
  Contingent Reserve Arrangement. But the        their commitment to protect and promote      bases across the BRICS countries
  New Development Bank operates in a less        human rights as set out in the UN Charter    stands to undermine its vision to carve
  transparent and less accountable way than      and other human rights treaties.”            inclusive development through socially
  other multilateral development banks.             The starting point, argues Bradlow, is    responsive economies. That failure is

12 | BRICS ACADEMIC REVIEW
partly reflected in the development of          Gender sensitivity                              India (87) and China (99).
a civil society movement parallel to the        BRICS philosophies, principles and                 An initiative titled BRICS Feminist
BRICS annual summits.                           ambitions are best reflected in the             Watch may grow to save the situation.
   Parallel to the ninth BRICS summit           declarations issued after every annual          It has engaged the BRICS New
in Xiamen, China, stood the Hong Kong           summit. It’s therefore fair to use these        Development Bank, among other
People’s Forum. It is said to have been         declarations to weigh up BRICS                  interactions, to ensure that BRICS
facilitated by Hong Kong’s progressive          commitment on key issues. That exercise         development activity is gender sensitive.
labour, intellectual and faith leaders, and     sees BRICS failing in its commitment to            Priti Darooka, executive director of
also drew other civil society representatives   change from being a club of men.                the Programme on Women’s Economic,
from 13 countries. They gathered to critique       A survey of the BRICS 2017                   Social and Cultural Rights, points out
the exclusionary culture that’s forming         Xiamen Declaration draws no reference           that BRICS Feminist Watch comes as
within the BRICS initiative. It was the         whatsoever to gender equality – there is a      a critical intervention, with a promise
lastest on a trail of protest that includes     single and vague reference to the concept       to add into BRICS space “the collective
                                                of “women economic empowerment”.                strength of feminist analysis and activism
                                                This can only undermine BRICS stature           to promote gender-responsive inclusive
                                                as an organisation that stands for              economic development”.
                                                inclusive development.                             BRICS, argues Darooka, has to some
Women’s rights in India
                                                   With the exception of South Africa, the      extent created some chaos within the
NCP’s women wing president Supriya Sule
                                                BRICS countries generally reflect poor          world order. The chaos “opened spaces and
with party workers protest outside the Sales
                                                performance on gender-equality scales. The      opportunities for feminist activists from
Tax office, demanding exclusion of sanitary
                                                latest such scale would be the Gender Gap       the global south to engage with the larger
napkins from the GST ambit and to make it
                                                Report from the World Economic Forum.           political economy debates”.
tax free.
                                                Only South Africa presents a respectable           However, the central question of
                                                performance in this report, which measured      how to move the world out of the
                                                the gender gap for economic participation       domination by the neoliberal model
                                                and opportunity across 144 countries.           remains, Darooka argues: “BRICS offers
the 2013 BRICS-from-below in Durban,               The report’s overall finding was that        one space upon which we can reflect
the 2014 Dialogue on Development in             the gender gap for economic participation       and search for appropriate political
Fortaleza, and the 2016 Goa People’s            and opportunity stood at 60% worldwide,         strategies.” BRICS Feminist Watch has a
Forum on BRICS.                                 which reflects a four-percentage-point          potential to seize the moment.
   This movement offers what is                 improvement from 56% in 2006. The report           The BRICS Feminist Watch has wasted
characterised as a “counternarrative to the     measures the size of the gender inequality      no time. Established last year, it has already
neoliberal agenda” of the official BRICS        gap in four areas:                              commissioned and published a research
summits. And they offer a platform for          • Economic participation and opportunity        paper on how to best tackle BRICS – and
left-leaning civil society groups from the         – salaries, participation and leadership;    in particular the New Development Bank
BRICS countries, who are excluded in            • Education – access to basic and higher        – titled: Taking it to the Bank: Gender
official platforms, to air their views.            levels of education;                         Issues at the New Development Bank.
   The character and role and impact of         • Political empowerment – representation        Written by Shubha Chacko, the paper
investment capital from within BRICS,              in decision-making structures;               argues that the BRICS moment presents “a
particularly Chinese capital, comes under       • Health and survival – life expectancy and     historic window of opportunity” to fashion
scrutiny. There are concerns that Chinese          sex ratio.                                   a paradigm shift that is gender-sensitive on
money in developing countries – with               The report notes that the rate at which      development approaches.
particular reference to resource-rich           the world is addressing the gender gap is          The NDB, says the paper, could offer the
African nations – causes the same social        painfully slow. “Based on the prevailing        world not only a new way of doing business,
havoc as that from Western nations. It can      trajectory, with all else remaining equal, it   but could also sow the seed of an alternative
be extractive and exploitative against the      will take 81 years for the world to close the   framing of the idea of development.
people and the environment.                     gender gap completely.”                            “The task for all of us is to keep the
   Bond, who attended the 2017 Hong                The Nordic nations remain the most           pressure up on the institution, and to
Kong People’s Forum, points out that the        gender-equal societies in the world.            monitor all aspects of its structure and
weaknesses run deeper. He argues there          Iceland is on top, followed in the top 10       activities to ensure greater adherence to
are powerful centrifugal forces that are        by Finland, Norway, Sweden, Rwanda,             its commitment to inclusion, equity and
tearing the BRICS and their stated agendas      Ireland, Philippines, Slovenia, New             sustainability… It would be a tragedy if
apart. This is partly driven by the changing    Zealand and Nicaragua,                          this new actor which could leverage for
ideological characters of new governments          South Africa makes the top 15. The           a stronger role of the global south in the
that have emerged in BRICS’ states, argues      rest of the BRICS countries are laggards.       field of development finance fails to do so,”
Bond.                                           Russia is at 75, followed by Brazil (79),       concludes Darooka.

                                                                                                                     ISSUE 01 • 2018 | 13
INSIGHT
       ABOUT WRITER
   Ari Sitas, chairperson of
   the National Institute for
  the Humanities and Social
  Sciences & chairperson of
   the South African BRICS
           Think Tank

  PROF. ARI SITAS

  Reconfiguring
  the World System

      A
  ENVISIONING INCLUSIVE
  DEVELOPMENT THROUGH A
  SOCIALLY RESPONSIVE ECONOMY
  As South Africa assumes the BRICS
  chair, 2018 serves as a serious moment
  to take stock of achievements made
  collectively by the BRICS formation
  since its inception a decade ago. Perhaps
  the fact that we promulgated the initial
  ideas around the creation of a New
  Development Bank then, and also that
  we insisted that the inclusion of other
  non-BRICS countries – also known as
  BRICS Plus – in the summit should be
  about African pathways of development,
  were two critically important
  contributions.

  What is South Africa bringing onto
  the agenda?
  We are taking the lead at a time when
  the world system is experiencing
  unprecedented challenges and shocks,
  and where world economic growth has
  diminished from the 4.4% per annum
  during our 2013 stewardship to 2.5% per
  annum now. Only India and China are
  still pulling the statistics up above average
  – Russia and Brazil have plummeted
  into negative figures, and South Africa
  is growing at 1%; lower than our annual
  population growth.
     As we take the BRICS lead after a year
  of decisive Chinese leadership, we take
  heed of Premier Xi Jinping’s caution that
  all of us all need to respond creatively to
  what he called the “new normal”, as the
  “pattern is changing from large-scale and

14 | BRICS ACADEMIC REVIEW
high-speed extensive growth to high-          innovation.
quality and efficient intensive growth”.         What follows is a description of the
Gross Domestic Product expansion for          prisms through which our work will
him is not a panacea anymore. Rather,         be conducted, and the priorities for the
he urges, “ecological progress, advances      BRICS Think Tanks Council and its
in science and technology, and all-round      Academic Forum in late May 2018.
innovation”, are the factors that will hold   Then we will try to make transparent
the key to the door of the future. And not    the framework through which we see
all innovation – “but innovation based        our priorities as thinkers in the BRICS
on research and technologies of public        domain.
benefit”.                                        We are living in the midst of and
   We are also taking the lead in a           witnessing a major reconfiguration of the
context where for our purposes the            world system – which is nudging us away
crises of poverty, unemployment and           from the unipolar world that emerged
a gnawing inequality persist as serious       with seeming confidence under the USA’s
impediments to the better life for all that   stewardship as the Soviet world collapsed.
our democratic breakthrough promised             Caught between the “end of history”
back in 1994. That is why the theme           talk and the enticing idea of the
for our BRICS Think Tank for the year         “information age” and its “global village”,
is Envisioning Inclusive Development          we were rather late in understanding a

    We are living in the midst of and
witnessing a major reconfiguration of
the world system – which is nudging
us away from the unipolar world that
emerged with seeming confidence under
the USA’s stewardship as the Soviet
world collapsed.

through a Socially Responsive Economy.        tectonic shift. But it was there in 2003
We would like to inform our Chinese           when the World Trade Organisation talks
counterparts that we have taken to heart      collapsed in Cancun, and very much there
their premier’s take on a new development     in 2008-9 when the economic meltdown
concept: “the concept of innovative,          scuttled parts of the global economy.
coordinated, green, open and inclusive           For a while the Braudellian School
development”.                                 around Immanuel Wallerstein had been
   As you shall see, we are working in        arguing that we are living through a
tandem with critical priorities brought       systemic crisis and that the United States’s
forward by the government’s task teams        hegemony was waning. Their arguments
to take the lead: in peace and security,      were dwarfed by the post-1989 dominance
in innovations for development based on       of neoconservative thinking in politics
the fourth industrial revolution, in the      and neoliberalism in economics. The
creation of a women and gender BRICS          reconfiguration we are experiencing was
forum, and the creation of a platform for     of course punctuated by the emergence
an reaserch and development centre for        of BRICS as a developmental pact,
vaccine development, implementation and       rather than a “growth alliance”. At first

                                                                  ISSUE 01 • 2018 | 15
INSIGHT

  it was shaped by a series of multilateral                                                  century CE. The clearest was what
  and bilateral interactions. Picture this:                                                  Britain achieved between the 1790s
  at a certain point of their endogenous                                                     and the 1890s. It was remarkable and
  development as industrial societies, each                                                  unprecedented in world history. For a
  one of the BRICS partners sought a                                                         brief period it reconfigured the world
  move towards an openness to the world                                                      system, by the late 19th century managing
  economy. China’s Four Modernisations                                                       to combine control over material and
  Policy, Gorbachev’s Perestroika,                                                           symbolic value. What it achieved in
  India’s 4th Plan, Brazil’s Cardoso-led                                                     the eras of colonialism and imperialism
  globalisation and even apartheid’s New                                                     was beyond industrialisation and pure
  Economic Policy (later taken over by the                                                   competitive advantage.
  ANC’s macro-economic policy after 1994)                                                       Looked at with a cruel eye: it was
  nudged all of these societies into a world                                                 a system that aimed and systematised
  of markets that were self-serving for those                                                towards unipolarity, but which
  who deemed themselves “developed”.                                                         compromised on variety to immunise
     Thus what followed, as we say…                                                          deviance and threats. It is the very system
  followed: thus, the breakdown in                                                           that the US tried to re-steer after the
  Cancun, thus IBSA (India Brazil, South                                                     Second World War.
  Africa cooperation), thus Russia-China                                                        It is the challenge to our academic
  Friendship agreement, thus China-Africa                                                    community to decipher what about BRICS
  (Beijing Consensus), thus BRIC and                                                         is novel in terms of its reconfiguration
  later, BRICS. And by time of the BRICS                                                     efforts, despite the fact that it is work in
  Summits of Fortaleza in Brazil and Ufa                                                     progress. But the critical work needs its
  in Russia, the concerns moved beyond the            The                                    time: in nudging the world towards a
  economic, to deal with interstate relations                                                “cautious” multipolarity, how do the new
  and a range of norms and agreements            reconfiguration we                          steering systems work around equality
  that will need a number of talks and                                                       of voice, what the Chinese are arguing
  discussions like these to seriously explore.   are experiencing was                        for “win-win” relationships, “people to
  It is through them that the principle                                                      people” encounters and new developmental
  of a multipolar world emerged as an            of course punctuated                        priorities? And what about South Africa?
  architecture for and a commitment to the                                                   What do we bring to the agenda?
  world system.                                  by the emergence                               BRICS is not challenging the existing
     In other words, we are living through                                                   multilateral system, nor is it trying to
  an epochal change, similar to the period       of BRICS as a                               subvert or create alternatives to the United
  between 1400-1700 which saw the
  gradual ascendance of the West and             developmental pact,                         Nations system’s working institutions.
                                                                                             What it is trying to do is to strengthen it,
  the involution of the Rest. But let us
  stay with the 1500s where China was            rather than a “growth                       while at the same time create a multipolar
                                                                                             framework for cooperation. How we
  undergoing an industrious revolution
  during the last century of its Ming            alliance”.                                  understand the word “reconfiguration”
                                                                                             must bear this in mind.
  period. Of the 21 cities with more than                                                       Finally, on narratives of success: whatever
  100 000 people, 15 were located East and                                                   is articulated, it will not be heard clearly in
  only 3 in Europe, with Paris catching up                                                   networks that have already cast BRICS as
  with Genoa and Venice.                         the continent a vassal state of the World   a negative and short-term phenomenon.
     As in that prior period, what is            Bank and the International Monetary         The fact that these countries represent 40
  emerging and declining is highly               Fund. However frightening and uncertain     percent of the world population, that they
  interconnected, uneven and contradictory.      a move away from the Washington             generated 20 percent of world output in
  For us in South Africa, the BRICS              Consensus might be, it seems like an        2016, and have accounted for 50 percent of
  initiative is beyond the obvious new           unavoidable reality.                        global growth since the end of 2009 (even
  trade winds – the creation of a world             But we cannot rely clichés: science      though South Africa joined later) should
  system with a cooperative set of               demands that we understand what             add some gravitas.
  relations, respectful of sovereignty and       hegemonic powers “systematise” – and
  difference was appreciated. What was           here, we have only two case studies
  also appreciated is that it may create a       in world history, but we can also look      Abridged version of a paper delivered at the
  structured opportunity for Africa to move      at smaller units of absolutist states in    first BRICS 2018 Lecture at WITS Business
  out of the blockages that rendered most of     interaction from the 11th to the 15th       School in February 2018

16 | BRICS ACADEMIC REVIEW
OP-ED
                                               ABOUT WRITERS
                                               Marianne Buenaventura Goldman is the BRICSAMIT         Amanda Lucey works as a consultant for Oxfam
                                               strategy manager and South-South Co-operation          South Africa. She specialises in South-South
                                               (SSC) project lead for Oxfam South Africa. Marianne    co-operation and peace-building. Amanda
                                               co-ordinates Oxfam’s SSC projects in Brazil, India,    holds an MPhil in Justice and Transformation
                                               China, South Africa, Mexico and Turkey that focus on   from the University of Cape Town.
                                               tackling poverty and inequality in the global South.

                                                                                                         The president of the BRICS New
What’s new about the New                                                                                 Development Bank, KV Kamath
Development Bank?                                                                                        and former International Relations
                                                                                                         Minister Maite Nkoana-Mashabane
                                                    MARIANNE BUENAVENTURA                                during the launch of the bank at the

    T
                                                    GOLDMAN & AMANDA LUCEY                               African Regional Centre on August
                                                                                                         17, 2017 in Sandton, South Africa

The BRICS-led New Development Bank               The African Regional Center (ARC)                    continent at large, in a people-centred
(NDB) is the first multilateral development   of the NDB, launched in August 2017,                    way. However, these promises will
bank established exclusively by emerging      heralds cautious optimism for the                       not be realised through rhetoric but
and developing countries to support           African continent. From the NDB’s                       through concrete action.
infrastructure and sustainable development    initial proclamations, it appears that                    According to the NDB, infrastructure
in BRICS and other emerging-market            there is a real opportunity for this new                projects will incorporate economic,
economies. As such, it can be viewed as       source of financing to provide resources                environmental and social aspects in their
one of the first multiregional development    for sustainable infrastructure that will                design, building and operation. The
banks led by the South, for the South.        first benefit South Africa, and then the                NDB intends to focus on infrastructure

                                                                                                                            ISSUE 01 • 2018 | 17
OP-ED

                              projects related to urban development,
                              water, energy and transport – areas that
                              are not necessarily new to Development
                              Finance Institutions (DFIs) but that
                              present additional sources of financing
                              for African countries in a climate of
                              global austerity.
                                 Where the NDB intends to be
                              different, however, is in the way it
                              engages in relationships, projects and
                              instruments, as well as approaches,
                              and in particular with civil society. Its
                              operational strategy between 2017 and
                              2020 emphasises this, along with the
                              principles often inherent in South-
                              South co-operation: equality, mutual
                              respect, trust and national sovereignty.
                              While this sounds good on paper, the
                              NDB has already initiated 13 projects
                              at a total value of over US$3-billion,
                              but there has been no consultation
                              regarding these projects with civil
                              society or the greater public.
                                 From a national context, the NDB
                              has not undertaken any projects in
                              South Africa since it put on ice a loan
                              to Eskom to build transmission lines
                              to connect renewable energy to the
                              national grid. Given the financial crisis
                              and numerous challenges faced by
                              Eskom, one could ask how the decision
                              was made in awarding Eskom the first
                              NDB loan for South Africa.
                                 BRICS civil society organisations
                              (CSOs) had a meeting with the NDB
                              board of directors in Shanghai in
                              November 2017. Of the main key
                              asks in their Shanghai Communiqué
                              is a call for greater transparency
                              and accountability. As part of its
                              information disclosure policy, the
                              NDB has provided a form on its
                              website where the public can request
                              information. Despite numerous
                              requests put forward by BRICS CSOs
                              submitted as far back as May 2017
                              through the NDB website’s public
                              information disclosure request form,

                             New Development Bank is currently
                             headquartered in BRICS Tower (formerly the
                             Oriental Financial Centre) in Shanghai

18 | BRICS ACADEMIC REVIEW
responses have not been forthcoming.                                               Ratsoma spoke to Business
While the NDB explains that having                                              Day TV a few days before
a lean structure with a six-month                                               he stepped into the position
target of loan preparation process, a                                           and said: “The focus is on
stronger emphasis should be placed on                                           the challenges that lie ahead
public engagement and civil society                                             and the quicker I rolls up my
consultation.                                                                   sleeves, the better.”
   It is also important to emphasise                                               On infrastructure investments
                                                                                on the continent, Ratsoma
                                                                                said that “Africa has large
                                                                                infrastructure gaps and South
    While this                                                                  Africa is no exception. Where it
                                                                                becomes problematic is when
sounds good on                                                                  you end up with a considerable

paper, the NDB                             MEET                                 amount of trade leakage to parts
                                                                                of the world beyond the continent

has already initiated                      MONALE                               because the infrastructure is
                                                                                not sufficient to facilitate free

13 projects to a                           RATSOMA                              movement of goods and people.
                                                                                Until such time that we address
                                           head of the New                      the infrastructure bottlenecks,
total value of over                        Development Bank                     the continent will continue to
                                           African Regional Center              underperform compared to the
US$3-billion, but                                                               rest of the world”.
                                                                                   He added that, “given that
there has been                             Ratsoma took the reigns as           the bank itself is still in its infant
                                           head of the New Development          stage and initially there will be
no consultation                            Bank (NDB) in mid-April 2018.        balance sheet constraints, which
                                           His role entails managing the        is where we are, with the capital
regarding these                            NDB’s African regional operations    that the members have provided

projects with civil                        and leading its African efforts
                                           in project preparation, project
                                                                                there are projects that have
                                                                                been approved elsewhere within

society or the                             implementation and regional
                                           portfolio management. The role
                                                                                member countries. In South
                                                                                Africa, there are projects that

greater public.                            also entails collaborating with
                                           established infrastructure and
                                                                                will be approved in the next few
                                                                                months. The idea, of course, is
                                           sustainable development entities,    to expand the balance sheet of
                                           as well as representative offices    the New Development Bank to be
                                           of multilateral and regional         able to have a much larger reach
the value of feedback from                 development banks.                   and that’s where the continent
communities, which should be taken            Before his appointment at the     will be benefiting increasingly.
into consideration at all stages of the    NDB, Ratsoma served as National      One such programme will be that
project cycle. Community consultation      Treasury’s deputy director-general   the bank will be able to borrow
is integral to ensure that projects        for economic policy. He joined       money itself and then on lend
are effective, efficient and benefit       National Treasury in 2011 as chief   money to various infrastructure
communities at large. To do this           director: liability management.      programmes on the continent
properly, the Shanghai Communiqué          He was later appointed as deputy     of Africa and other parts of the
calls on the NDB to establish effective    director-general: economic policy    world as it expands.”
mechanisms of accountability,              in 2015. In 2016 he was given
consultation and redress. These            the additional responsibility to
mechanisms should be established for       act as a director-general for        New Development Bank African
projects in the BRICS countries and        the international and regional       Regional Center Address
beyond. For Africa, this is critical as    economic policy unit until           135 Daisy St, Sandown
the NDB expands its membership in          March 2018.                          Sandton, 2031
the continent with its focus on regional

                                                                                                  ISSUE 01 • 2018 | 19
OP ED

                                                                                          NDB signed off the first loan agreement
                                                                                          for financing Shanghai Lingang distributed

     Community consultation is integral to                                                solar power project

  ensure that projects are effective, efficient                                          entitled ‘What’s new about the New
  and benefit communities at large.                                                      Development Bank: Dialogue on the
                                                                                         launch of the NDB ARC and what it
                                                                                         means for Africa’ held in March 2018.
                                                                                         Following the meeting, interested
                                                                                         participants formed a CSO-NDB
  integration and co-operation.             sustainable development. Despite many        working group to consider important
     Another important ask of the           civil society actors’ call for the NDB to    issues and keys asks on the NDB and
  Shanghai Communiqué is for the            reject coal and nuclear energy projects,     ARC in preparation for a civil BRICS
  NDB to develop a comprehensive and        the bank still expresses openness to         meeting to take place in Johannesburg
  mandatory gender policy to guide          funding such projects. Civil society         on 25 and 26 June 2018. The meeting
  all NDB’s structure, governance and       calls for this to be further reviewed        comes as South Africa has taken up the
  operations. Such a gender policy would    and to show how NDB projects will            rotational chair for the 2018 BRICS
  assist in ensuring the NDB is sensitive   incorporate not just economic aspects        (Brazil-Russia-India-China-South
  to the needs of those who are poorest     but also clear environmental and social      Africa) Summit and will be hosting the
  and most marginalised, as well as         benefits. Civil society is also keen         10th summit in July 2018.
  tackle inequalities that exclude women    to engage the NDB ARC on how it                  The NDB offers the African
  and girls’ access to opportunities        defines sustainable infrastructure,          continent promise of a new way of
  for economic, social and political        including criteria by which it selects its   working that that is transformative,
  participation in BRICS countries as       projects both for South Africa and the       inclusive and participatory. But it must
  well as in the Africa region.             greater continent.                           now begin to work in this way in order
     The NDB clearly shows its interest        Many of the above concerns were           to live up to its name and show that
  to support infrastructure projects. Its   discussed and debated at a meeting           it is truly an alternative to the older
  mandate also emphasises support to        hosted by Oxfam and African Monitor          traditional development banks.

20 | BRICS ACADEMIC REVIEW
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