What BRICS Cannot and What It Can Deliver
... over this long time it has accumulated a lot of useful institutional growth experience and some of this experience should be thoroughly considered by the BRICS group. However, there are at least two important distinctions between the two groups. First, G7 is a group of like-minded nations united not only by a very deep and multidimensional economic interdependence, but also by shared values and converging political and social systems (this is one of the reasons why Russia could never properly integrate itself into the G7 group and finally ...