Thu., 01.04.1433 Hjr / 23.02.2012, 03:20 Emirate time РусскийEnglishtürkçeУкраїнськийعربي

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World's top economists demand expulsion of Russia from BRICS because of Putin

Publication time: 27 January 2012, 19:43

According to media reports, professor of economics at New York University's Nouriel Roubini and Eurasia Group President Ian Bremmer demanded in a joint interview to Foreign Policy for the International Economic Forum in Davos to expel Russia from the BRICS group, indicating that this country is not worthy of membership among the five leading developing countries of the BRICS.

"Russia doesn't deserve to be in the BRICS -- they really don't. They're so consolidated around a single individual; their governance is so poor, so opaque, so corrupt.

 

You've had years in the past where Medvedev and Putin have gotten up and they've given really great speeches. This time around, everyone knows that they're running into elections that are going to be a bit of a farce; that those demonstrations are not going to matter very much. Russia has been left behind, despite all its commodity wealth.

 

It really hasn't done anything else right compared to the other BRICS. They're a big loser", indicated Mr. Bremmer.

 

Prof. Roubini agreed with his opinion: 

 

"I agree that Russia might not be left among the BRICS. Actually, I wrote an article about a year ago saying that maybe they should drop Russia and add Indonesia.

 

I felt quite positive about Indonesia when I visited there recently, and I am going to go soon again. Another rising power outside of the BRICS is Turkey".

 

Department of Monitoring
Kavkaz Center


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