Object

Rights:

The Polish Institute of International Affairs (PISM)

Abstract:

Despite their shared stance confronting Western dominance of global politics, the BRICS+ countries do not have the potential to become an economically cohesive bloc. This is a result of their differences of interests, which lessens the chances of achieving ambitious political goals. Also, the group comprises countries at different levels of development, varying links to the West, and dissimilar economic structures. A further increase in trade relations between them is possible, but it will be driven by political, rather than economic reasons. In particular, the asymmetry between the economy of China and that of the other members of the group will remain a challenge.Despite their shared stance confronting Western dominance of global politics, the BRICS+ countries do not have the potential to become an economically cohesive bloc. This is a result of their differences of interests, which lessens the chances of achieving ambitious political goals. Also, the group comprises countries at different levels of development, varying links to the West, and dissimilar economic structures. A further increase in trade relations between them is possible, but it will be driven by political, rather than economic reasons. In particular, the asymmetry between the economy of China and that of the other members of the group will remain a challenge.

Place of Publishing:

Warsaw

Digitisation Sponsor:

The Polish Institute of International Affairs (PISM)

Publisher:

The Polish Institute of International Affairs (PISM)

Issued:

2024.06.24

Format:

PDF

Extent:

622 KB

Identifier:

oai:digit.pism.pl:4828

Source:

PISM Bulletin no. 90 (2398), 2024

Language:

eng

Is Version Of:

Biuletyn PISM nr 90 (2900), 2024

Rights Holder:

The Polish Institute of International Affairs (PISM)

Location of Physical Object:

Library of the Polish Institute of International Affairs (PISM)