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"The following two sections outline the specific factors of success in development observed since the 1990s in the BRICS countries and elicit the political challenges and need for reform in each. The sections under 'Measuring Governance' discuss the theory of good governance and briefly introduce the SGI as an innovative instrument for empirically based research on governance. 'The 'BRICS' Governance Capacities in Cross-National Comparison' examines characteristics of governance in the BRICS empirically on the basis of this instrument. The final sections highlight key conclusions yielded by the comparative analysis." (contract)

"Despite the impressive economic growth achieved by the BRICS, as discussed earlier ('Growth factors and policy challenges'), each state in this group is marked by deficiencies in policy performance, some of which are common to all, some of which are country-specific. These deficiencies constitute major challenges to be addressed by these states' governments if they are to yield long-term gains from this economic growth. The questions posed by this study include: What are the prospects for each state of closing the gap on these shortcomings? Which among them are most (or least) likely to steer the course of development in a sustainable manner and implement effective policy change?" (contract)