10 papers analyzed
These studies suggest that BRICS represents the interests of developing countries on global issues, has revolutionized emerging market classifications, offers alternative perspectives in international media, and aims to enhance cooperation in various sectors, while also needing robust civil society involvement to address socio-economic problems.
The BRICS group, consisting of Brazil, Russia, India, China, and South Africa, represents a coalition of emerging economies with significant geopolitical and economic influence. Initially coined by Goldman Sachs in 2001, the acronym has evolved from a financial classification to a political and economic alliance aimed at challenging Western dominance and promoting the interests of the global South.
Geopolitical and Economic Influence:
Counterbalance to Western Dominance:
Economic and Investment Perspectives:
Health and Development:
Civil Society and Socio-Economic Issues:
The BRICS group has evolved from a financial classification to a significant geopolitical and economic alliance. It aims to challenge Western dominance, promote the interests of the global South, and provide an alternative perspective in international relations. While the group has made strides in areas such as health and development, its future influence will depend on its ability to engage with civil society and address broader socio-economic issues.
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