The BRICS+ is one space in which India seeks to project its power and continue to emerge as a leading nation of the Global South.
De-dollarization policies are already underway, underlining that the BRICS+ nations are committed to a new economic order.
While New Delhi and Beijing will remain invested in BRICS, their mutual antipathy will ensure that the gulf between the bloc’s soaring rhetoric and concrete action will remain vast.
More than material benefit, status concerns are key to Russia’s engagement – but domestic issues should not be overlooked.
Lula will bring back the traditions Brazil has cultivated since democratization, but its foreign policy will not be quite so ambitious as in the past.
New partners and the increase of interaction between emerging and developing countries seem to be a plausible alternative to safeguard interests, but challenges remain.
BRICS are an initiative that recognizes the huge differences between its members and is developed according to the resultant possibilities.
If a rising power truly cares about its international stand and reputation, the optimal status seeking strategy in the long run is to invest in the overall well-being of its people.
Brazil over-expanded considerably in the first decades of the 21st century in a process that was fuelled by domestic interest groups as well as a myth of multipolarity.
Turkey’s increasing aspiration to become a member of the BRICS grouping holds economic, political, and ontological benefits for it, but will a “T” be added to BRICS soon?
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