BRICS and emerging economic powers: effectiveness and attractiveness

Document Type : Original Article

Author

Master's Researcher in Political Science Faculty of Economics and Political Science - Alexandria University

Abstract

At the beginning of this century, an international economic grouping called "BRICS" has emerged, consisting of five countries from the rising
powers: (Russia, Brazil, India, China, and South Africa). This grouping has an important economic role in the existing international system, which raises
questions about the possibility of the evolution of its economic role as a major economic power into a political and strategic influence to confront the current
economic, political and security challenges in the international system, and the possibility that the BRICS gathering becomes a major economic and
political player in the future. This research aims to find out the extent of the influence of the BRICS grouping on the economies of the new emerging powers, and to monitor the
most important factors, dimensions and initiatives of the BRICS grouping towards these countries, in an attempt to counter the U.S. hegemony and
establish a multipolar system, and assess its ability to expand by inclusion of new countries.

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