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A BRICS Revival? (Palacio)

A BRICS Revival? by Ana Palacio published by Project Syndicate (5/2023).

“Economic headwinds and internal disagreements have long stymied the BRICS’ ambition to become a global diplomatic and financial force capable of challenging Western-led international institutions. Is this finally changing?

There was a time when everyone was talking about a group of fast-growing emerging economies with huge potential. But the BRICS – Brazil, Russia, India, China, and South Africa – struggled to transform themselves from a promising asset class into a unified real-world diplomatic and financial player. Is this finally changing?…”

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