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BRICS started out with a lot of promise when it came into existence in 2009 and all the members were the world’s top emerging economies. There was h
Critique of BRICS is logical and natural but can be unfair without careful examination of its evolution and contribution
China has twice broached the matter of expanding the membership of BRICS (Brazil, Russia, India, China and South Africa): first, at the 2017 Xiamen Summit, and again, more recently, at the 14th BRICS Leaders’ Meeting in June 2022 convened virtually under the chairmanship of Beijing. With China and India locked in a stalemate along the Line of Actual Control (LAC), the Chinese proposal has raised concerns in New Delhi. This brief examine
It is apparent that panaceas such as debt write-downs only offer short term relief to the debt ridden Eurozone as long as structural imbalances persist. European leaders need to look for a multipronged approach to deal with the problems.
The nature of the world order that eventually emerges will determine the future of BRICS and not the other way round.
At this unique geopolitical moment, when India faces a multitude of challenges seeking its attention both towards the region and the global stage, BRICS provides a flexible platform to respond to both.
The BRICS bank, now tentatively called the New Development Bank, is indeed a new and long overdue development. It is the first step towards reforming the world financial system. It has to be read against the decision of the BRICS nations to do trade more with each other on the basis of currency swaps.
The major achievement of the recent BRICS Summit was the decision to create the long-awaited (BRICS) New Development Bank. The bank can be seen as a growing influence of the BRICS which together represents 18% of the World trade and accounts for 40% of the global population with a combined GDP of $ 24 trillion.
Urban governance in BRICS countries will require different policy solutions because of differing circumstances.
Given the divergences among BRICS members, would the benefits of a common currency outweigh the costs?
The BRICS expansion is a big win for China as it would be able to enhance its geopolitical influence by admitting Argentina, Egypt, Ethiopia, Iran, Sa
The BRICS-Africa partnership provides the potential for positive cooperation between developing nations in the future. It is this potential that delegates from Brazil, Russia, India, China and South Africa will be trying to cultivate and deepen over the next couple of days in Durban.
The BRICS leaders have accepted the report titled "Towards a Long Term Strategy for BRICS", the recommendations made by the BRICS Think Tanks Council (BTTC). Observer Research Foundation is the Indian representative at the BTTC.
Has the emergence of BRICS had an impact on IBSA, was the question posed by Mr M Ganapathi, former Secretary (West) in the Ministry of External Affairs (MEA), Government of India.
BRICS must now move on from being a grouping of individual nations, discussing agendas, to becoming a "go-to" institution for setting regional and global agendas. The essence and ethos of such an institution must flow from the inorganic prism of stability, security and growth for all.
Perhaps, the most critical issue for the five BRICS leaders, who will meet at the sunny shores of Fortaleza, will be practical goal-setting. This will be an exercise in planning and coordination to maintain continuity as well as honing in on objectives for the long term. If there is an opportunity to be seized in cross-leveraging political and economic ties, it will be in the coming years.
The Fortaleza summit will represent the reboot of BRICS. Prime Minister Modi has the biggest political mandate among his BRICS counterparts, and also the weight of the largest expectations.
The recent expansion of BRICS places it as a potential voice for the Global South in economic, trade, and investment matters
The recent G-20 Summit in Los Cabos, Mexico, featured a pivotal change in the geopolitics of international finance. Emerging economies contributed billions to an emergency IMF (International Monetary Fund) fund designed to provide additional support to the Eurozone nations in case the debt crisis worsens.
The BRICS ship remains on course to sail steady, and is heading for more effective projects in years to come post the show of strength in Goa
Now with 11 members, BRICS’ decision-making by consensus will be that much more difficult
Sino-Indian ties have been going downhill for the last few years. At the BRICS summit, India sought to re-engage Russia more substantively.
BRICS as an institution must nurture independent growth trajectories of member nations keeping their individual interest at the forefront.
New Delhi should also be aware that a US-China trade spat opens up new possibilities for India, both vis-à-vis Beijing and Washington, and it should not be hesitant to exploit them
BRICS Summit this weekend in Goa with will invariably be coloured by the recent events in South Asia in the aftermath of the surgical strikes.
Think tanks from five BRICS countries, participating in the 5th Academic Forum meeting in Durban, have announced the setting up of the BRICS Think Tanks Council (BTTC).
The challenge is to enable Islamabad to make a soft-landing rather than a crash that can have unpredictable consequences.
ब्रिक्स का विस्तार करने के पीछे चीन का मक़सद ब्रिक्स के त�
BRICS is a child of this era — when liberal democracies subverted multilateralism and the economic order was reduced to serving the interests of a f
The unity and purpose of BRICS has been the target of speculation and scepticism from various quarters. With the Delhi Declaration, BRICS members have been able to assuage such doubts as they have begun to create a credible hedge against traditional global narratives of security and development.
China as the leader of the pack will use BRICS for control and dominance. The West will see this as a threat to existing arrangements and try to pull it down before it takes off. Indian presence will remain weak so long as our economic reforms and progress remain slow and our internal political and policy frameworks remain uncertain.
BRICS is an evolving process, and any exaggerated notion of it becoming a power bloc will be out of place. It might work towards "a multi-polar (or poly-centric) world", which a former Brazilian President had described as an important goal of BRICS, but in no sense it is a ganging-up against the US or the West.
BRICS mandate is under siege at a time of slowing economies and growing intra-BRICS political divergences. Above-all, it has been struggling to retain its relevance
The world of BRICS is expanding. Despite setbacks, this association of Brazil,Russia, India, China and South Africaall of them important, emerging-marketeconomiesremains relevant as it continues to comprise a big share of the world's population,its resources, and global trade. This paper describes the rise of BRICS and their growing mutualinterest in cementing their economic and political ties. It argues that while problems remain inpromoting coh
