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The BRICS Effect

The BRICS have so far struggled to become a united, effective global force with defined and realistic political and economic objectives. Nonetheless, one should not underestimate their potential to catalyze the shift to a multipolar global order.

NEW DELHI – A new age of international relations is dawning. With the West accounting for a declining share of global GDP, and the world becoming increasingly multipolar, countries are jostling to establish their positions in the emerging order. This includes both the emerging economies – represented by the recently expanded BRICS grouping – that seek a leading role in writing the rules of the new order, and the smaller countries attempting to cultivate relationships that can safeguard their interests.

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