The world is at a critical juncture: there is the opportunity to come together to pursue a common agenda, or it can break into opposing groups based on differences in income, interests, religion or race. Globalisation exacerbates this tension between opportunity and threats. The most keenly felt tension is the sense that globalisation creates greater inequality in an already unequal world. If the world is unequal, then it must be undemocratic as well. As a result, globalisation and democracy come togetheras simultaneous challenges. As far as Africa is concerned, the challenge is how to gain voice in global governance.
The India, Brazil and South Africa (IBSA) Dialogue Forum is a trilateral development initiative to promote South-South cooperation and exchange. The forum was launched with the adoptionof the Brasília Declaration in June 2003. Each of the three countries has ambitions to play a leading role in regional and global affairs. The role of the Group of Twenty (G20) in respondingto the global financial crisis reflects growing acceptance of IBSA’s emerging position by the world’s established powers. An analysis of IBSA as a rising global power bloc is therefore critical to understanding the new dimensions of South-South relations, particularly in a post-Cold War world. This policy note addresses IBSA’s framework, principles, achievements and challenges in Africa’s development perspective.