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The report analyzes the BASIC group's role in global climate diplomacy, arguing that while they appear as a unified bloc, their cooperation is conditioned by diverse domestic priorities and broader geopolitical ambitions. It examines the specific drivers for Brazil, South Africa, India, and China, and explores how the group balances its identity as developing nations with its rising global influence.

The report argues that while trade liberalisation has generally fostered growth and poverty reduction in developing countries, the momentum for such reforms has slowed since the 1990s. It identifies macroeconomic crises, interest group shifts, and the influence of ideas as primary drivers of reform, while noting that 'new-globalising' countries—particularly in East Asia—have seen the most success. The author advocates for unilateral liberalisation over reciprocal negotiations and warns against a return to 'hard' industrial policies or over-reliance on foreign aid.