Asia Society Associate Fellow Pramit Pal Chaudhuri says India and China used the "BRICS" label as political cover to send aid to the ailing, though by some measures better-off, Eurozone.
"There are pressing international issues, but all of the world’s major powers, established and emerging, have domestic priorities that take precedence," says political scientist Ian Bremmer, who appears at Asia Society New York on May 24.