Might BRICS problem US dominance within the world economic system? | Enterprise and Financial system

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Overseas ministers of the BRICS nations have been assembly in Cape City with South Africa internet hosting fellow members Brazil, Russia, India and China.

The group started considerably informally in 2006 with South Africa becoming a member of 4 years later. However in in the present day’s extra polarised geopolitical world, the BRICS membership has turn out to be extra vital.

A number of international locations have expressed curiosity in becoming a member of the bloc.

Does this group of rising economies have the potential to shift the steadiness of worldwide commerce and energy? Or is it a political pipe dream?

Presenter: Mohammed Jamjoom

Company:

Sanusha Naidu – Senior analysis fellow on the Institute for World Dialogue, an unbiased international coverage suppose tank

Chris Weafer – CEO of Macro-Advisory, a strategic consultancy within the Eurasia area

Shirley Yu – Political economist and senior fellow on the Harvard Kennedy College

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