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The BRICS Prepare the New International Order

Author

Listed:
  • Negreponti-Delivanis Maria

    (University of Macedonia, Thessaloniki, Greece)

Abstract

The article refers to the BRICS, the reasons for their creation, which can be summarized in the dissatisfaction of the countries of the South with the way they are treated by the West, their strengths and weaknesses, as well as their rapid rise in importance. They are presided over by China and Russia, and their objectives are the overthrow of the present international order and its replacement by a new one, very different from the present one, as well as the dethroning of the dollar and its replacement by the currencies of the countries of the South, especially the rim nimbi and the ruble. The population of the countries belonging to the BRICS has exceeded that of the G7, and the BRICS have surpassed the G7 in terms of world GDP production. In the coming years the BRICS will generate most of the world’s economic growth.

Suggested Citation

  • Negreponti-Delivanis Maria, 2024. "The BRICS Prepare the New International Order," Valahian Journal of Economic Studies, Sciendo, vol. 15(2), pages 109-118.
    • Handle: RePEc:vrs:vaecst:v:15:y:2024:i:2:p:109-118:n:1010
    DOI: 10.2478/vjes-2024-0020
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    More about this item

    Keywords

    BRICS; liberal democracy; multipolar world; new international order;
    All these keywords.

    JEL classification:

    • F - International Economics
    • N - Economic History
    • P - Political Economy and Comparative Economic Systems

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