The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Wednesday, October 13, 2021
The Growth Engines of the Global South
A common platform for economic cooperation across the Global South opens the possibility for the world economy to lower global imbalances via creating a “no core – no periphery” mode of cooperation, writes Valdai Club Programme Director Yaroslav Lissovolik
The funds will come from the New Development Bank (NDB) and benefit projects in the areas of sustainable urban mobility, solid waste, renewable energy, efficient equipment, sustainable cities, climate change, and native forests