Discuss, providing an outline of basic arguments elsenhans

Reference no: EM133347847

Question: "The rise and subsequent stalling of the BRICS's economic ascent towards 'high-income country status' can be attributed to, first, their initial efforts to promote both growth and the delivery of basic public goods, and second, to their subsequent inability, if not unwillingness, to prevent the emergence of significant socio-economic inequalities in their societies".

Please discuss, providing an outline of the basic arguments Elsenhans and Babones make for each of these (two) respective claims, and conclude with some brief reflections on the prospects of the BRICS to break out of the 'middle income trap'. AND use quotes please.

Reference no: EM133347847

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