The concept of BRICS has always provoked a lot of debates, and those will turn even more heated as previous international arrangements are being eroded. Will BRICS be able to increase its potential and make a pillar for the world order in the future? Read analysis by Igor Denisov, Andrei Kazantsev, Fyodor Lukyanov and Ivan Safranchuk, published recently by Strategic Affairs.
“It is remarkable that the BRICS stays together and effectively adjusts its rationale with the evolving international situation. Presumably, the founders of BRICS envisioned not only its extraordinary accommodative capability, but rather a more determining role in the evolution of the world system.
From this perspective, the BRICS has under-performed so far. Still, the common interest to reconcile development and security needs is strong and keeps BRICS countries together.
Currently, the BRICS is a powerful instrument for Russia and China to prevent great power politics from escalating to great power conflict”.