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Valdai Discussion Club
BRICS-Plus
Alternative Globalization in the Making?
World Economic Forum, 2018
What's inside?
“BRICS-plus” partnerships could create a new framework for globalization.
Recommendation
Rising protectionism in the developed world has some nations focusing on their own self-interests at the expense of global trade integration. In contrast, Brazil, Russia, India, China and South Africa (BRICS) are shaping a new framework that forms overlapping circles of trade alliances with other developing countries. This intriguing article from the Russian think tank Valdai Group advocates for a “BRICS-plus” initiative, though it largely overlooks the enormous difficulties in confederating non-BRICS countries with potentially conflicting goals. Nonetheless, getAbstract recommends it to anyone interested in a different approach to globalization.
Summary
About the Author
The Valdai Discussion Club is a Moscow-based think tank.
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