... important in the joint promotion of multilateral initiatives. This study seeks to answer the question of what opportunities and challenges the BRICS enlargement may arise, as well as unlock BRICS potential in managing the development of the digital economy.
BRICS Expansion and Prospects for BRICS Cooperation in the Digital Economy
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... territory and for more than 40% of the global population. They also argue that in terms of the total purchasing power parity GDP, the BRICS’ share is around 33%, which puts the BRICS group well ahead of G7 (the seven largest Western economies). Moreover, BRICS role in the global economy is going only to further increase in the observable perspective and by 2050 the G7 aggregate economy will be only a half of the BRICS size, even if the latter stops adding new members. All of this is true. However, BRICS does not constitute a ...
The fundamental challenge for BRICS summits is to shift the focus from rather general political statements to specific proposals and solutions that reflect the fundamental interests of developing nations, which have long been underrepresented in global and regional governance
Why ...
... Cooperation. In his speech, he reiterated the hope that the NDB and the BRICS Business Council would soon be able to engage with relevant institutions in Turkey, and cooperation in energy would commence.
Much has changed since then both in the world economy and in the global standing of BRICS. The only thing that has remained unchanged is the challenges Turkey faces. In 2024, Ankara is taking a second shot at joining the group—seemingly more successful than the previous one. In addition to Russia, the Turkish leader secured the support ...
... need to approach this crisis using the UN platform.
Looking at Cambodia and BRICS, will Cambodia join this association and how do you, your elites and citizens perceive this opportunity?
I think BRICS is a very important alternative for us. I believe BRICS is the backbone of the global economy, especially for the Global South. So, in my perspective, I think Cambodia should consider becoming a member—if it is possible—or at least be an observer to the organization, as I believe that BRICS can be alternative to the G7 in the future....
... goodwill of one or both of the two Eurasian giants. Moreover, strained China-India relations would inevitably put rigid constraints on institutional prospects of inclusive multilateral initiatives in Eurasia and in the world at large, including the SCO, BRICS. Finally, this strained relationship creates lucrative opportunities for nonregional powers to play more prominent roles in and around Eurasia.
Andrey Kortunov:
Unpacking GCI: China’s Strategic Vision Comes of Age
Can Moscow make a meaningful ...
... and Sudan are simmering and can explode at any moment, global defense spending and global arms trade in 2024 reached their historic highs. On the other hand, 2024 also offers a number of opportunities that should not be overlooked. It is the year for BRICS to properly digest and absorb its recent enlargement, and Russia will have to manage the process chairing the club and hosting the next BRICS summit in fall. The Shanghai Cooperation Organization might also start changing by accepting Belarus as ...
... of science and innovation, healthcare, as well as deepening of contacts between academic and research centers (including the BRICS Network University) also remain in the focus of our agenda.
In our efforts we intend to put a particular emphasis on the ... ... most importantly, it undermines its own credibility by creating new crises and hindering genuine decolonization of the world economy.
A situation when a few countries feel entitled to dictate their will to others, threatening to cut off access to global ...
... barriers, which could lead to the establishment of a platform among the BRICS regional trade arrangements. [
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] However, there remains a shortage of specific initiatives that could have substantial impact on the countries of the bloc and the global economy at large.
The BRICS communication policy is also important for markets: a clear and persuasive appeal to the broader population of the Global South countries is essential, along with a well-considered and credible communication strategy targeting financial markets....
RIAC, Institute of China and Contemporary Asia of the Russian Academy of Sciences and Institute of International Studies at Fudan University Report #87 / 2023
RIAC, Institute of China and Contemporary Asia of the Russian Academy of Sciences and Institute of International Studies at Fudan University Report #87 / 2023
The ninth annual report “Russian-Chinese Dialogue: The 2023 Model” analyzes Russia–China relations from the second and fourth quarters of 2022 to the first quarter of 2023. During this...