Monday, October 7, 2024
Threshold Effects in BRICS Expansion
We have extensively covered the BRICS expansion as well as its key implications for the world economy, most notably from the viewpoint of which categories of countries would benefit the most from the enlargement of the BRICS core. One aspect, however, of this expansion that has not received sufficient attention in the discussions was the rise in the consolidated share of the expanded BRICS grouping in international organizations such as the IMF