This is a long article that provides material for a whole series of important debates.
Patrick Bond: In Fortaleza, BRICS Became Co-Dependent Upon Eco-Financial Imperialism (teleSUR, 29 July 2014; also on ZNet)
[C]ritics are opening up two crucial debates: first, is BRICS anti-imperialist as advertised, or potentially inter-imperialist as the Ukraine battleground portends, or merely sub-imperialist where it counts most: in the ongoing global financial and climate meltdowns?
Second, how can BRICS-from-below struggles intensify and link? The detox of our corrupted politics, a sober reassessment of our economies and fortification our ecologies – all catalysed by re-energized civil societies – rely upon clear, confident answers to both.
The article above contains many links to other articles and background material on the BRICS.
On the BRICS bank and other general issues:
BRICS bank helps stabilize global order (Xinhua, 16 July 2014)
Ousmène Jacques Mandeng: Does the world really need a Brics bank? (Financial Times, 14 July 2014)
Ana Garcia, Patrick Bond: Critical perspectives on the Brics (Center for Civil Society / South Africa Social Protests Observatory, June 2014)
John Weeks: The BRICS bank (Open Democracy)
Stephany Griffith-Jones: A BRICS Development Bank: A Dream Coming True? (UNCTAD, March 2014)
Victoria Ruan: World Bank chief backs launch of BRICS bank (; 9 July 2015)
Oliver Stuenkel: Towards institutionalization: The BRICS Contingency Reserve Arrangement (Post-Western World, 12 May 2013)
Sixth BRICS Summit: Fortaleza Declaration and Action Plan (Itamaraty)
Treaty for the Establishment of a BRICS Contingent Reserve Arrangement (Itamaraty, 15 July 2014)
Climate Change and Financial Instability Seen as Top Global Threats (Pew Research Centre)
Infrastructure: for people or for profit? (Heinrich-Böll-Stiftung, October 2014)
On South Africa:
Ronnie Kasrils: How the ANC’s Faustian pact sold out South Africa’s poorest (Guardian, 24 June 2013)
Richard Kamidza, Patrick Bond: The Development Bank of Southern Africa and financial oppression (Pambazuka, 10 April 2014)
Patrick Bond: South Africa’s Resource Curses and Growing Social Resistance (Monthly Review, April 2014)
Peter Alexander, Carin Runciman, Trevor Ngwane: Growing civil unrest shows yearning for accountability (Business Day, 7 March 2014)
Dipanjan Roy Chaudhury: Good relations of BJP leaders with Israel; India treads a cautious line on ongoing conflict in Gaza (Economic Times, 23 July 2014)
On China (an old article):
Jamil Anderlini: China insists on ‘tied aid’ in Africa (Financial Times, 25 June 2007)