- By J. Dana StusterJ. Dana Stuster is an assistant editor at Foreign Policy. He has studied at the American University of Beirut and graduated in 2010 with degrees in English and International Relations from the University of California, Davis. Before coming to FP, his work appeared in the Atlantic and the National Interest, among other publications.
Egyptian President Mohamed Morsy has spent the past three days in India on his first state visit to the country. Before heading to New Delhi, though, he floated an odd — and more than a little ambitious — idea.
"I am hoping BRICS would one day become E-BRICS where E stands for Egypt," he told India’s The Hindu in an interview in Cairo published this week.
It’s a bold proposal. The Kremlin has acknowledged the comments but didn’t seem particularly enthused about the idea, and it’s unclear whether Morsy broached the subject in his meetings with Indian Prime Minister Manmohan Singh. The BRICS — that’s Brazil, Russia, India, China, and South Africa — are an economic alliance of top-tier rising powers, the crème de la crème of the developing world. Egypt? Not so much.
Let’s put this in perspective. The average GDP of the BRICS countries in 2011 (in current U.S. dollars, according to the World Bank) was $2.78 trillion dollars. Egypt? $230 billion. The country’s development isn’t exactly in high gear, either. The instability of the revolution has dealt a blow to Egypt’s economy, and its estimated growth rate for 2012 is a meager 2 percent, which places it behind four of five BRICS countries. Even as Morsy was meeting with Singh, he was sharing the front page of Egyptian dailies with the news that BMW, Mercedes-Benz, and Hyundai are planning to withdraw from the Egyptian market as new customs laws take effect.
Morsy knows this, and clarified that he hopes "the E-BRICS would emerge when we start moving the economy." So it’s something of a longer-term goal. Perhaps Morsy might consider one of these starter coalitions instead? Then again, the MIKT (Mexico, Indonesia, South Korea, Turkey) countries, which are moving beyond "emerging market" territory, have an average GDP of $973 billion, so it might still be a stretch. In the same interview with The Hindu, Morsy expressed a desire to be more active in the Non-Aligned Movement. It’s probably a good place to start; the NAM is far less discriminatory.
Joshua Keating is associate editor at Foreign Policy and the editor of the Passport blog. He has worked as a researcher, editorial assistant, and deputy Web editor since joining the FP staff in 2007. In addition to being featured in Foreign Policy, his writing has been published by the Washington Post, Newsweek International, Radio Prague, the Center for Defense Information, and Romania's Adevarul newspaper. He has appeared as a commentator on CNN International, C-Span, ABC News, Al Jazeera, NPR, BBC radio, and others. A native of Brooklyn, New York, he studied comparative politics at Oberlin College.| War of Ideas |