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Tuesday, December 31, 2019
The Economic Agenda of BRICS
BRICS remains a powerful bloc, though it may not be hyperactive during the present times. Its total output was 23.2 per cent of the world’s GDP in 2018
Accordinng to the Russian ambassador to India, these meetings would promote the establishment of a new model of interstate relations within promising formats
The BRICS grouping is relatively a new “should be” global economic hegemony of the Global South. Over the past few years however there has been economic and political upheavals within the grouping and within its member states that the future of BRICS comes into question. This paper reviews the position of the 10th BRICS Summit and the foundation that it lays for the future position of BRICS
Onyx Lorenzoni, the head of the Brazilian presidential administration, told Sputnik
The 11th BRICS Summit, 2019, was held in Brasilia, Brazil for the third time on November 14, signifying the coming of age of an organization that brings together emerging economies playing a vital role in a globalized world
A British economist had coined the acronym “Bric” in 2001, identifying four high-growth economies that could dominate the world by 2050
At summit in Brasilia, leaders from Brics group have pledged to increase integration through New Development Bank loans, as doubts about sustainability linger