Journal Socio-Economic Analyses
“ST. CYRIL AND ST. METHODIUS” UNIVERSITY OF VELIKO TARNOVO - UNIVERSITY PRESS

The Geopolitical Game of BRICS


Authors:
Karim Naama St. Cyril and St. Methodius University of Veliko Tarnovo, Bulgaria

Pages: 176-181
DOI: https://doi.org/10.54664/MEHO3844

Abstract:

The world changes rapidly due to discoveries and innovations in the field of technology. The interests of the BRICS countries and their common goals intersect to move towards a new global economy and to lay the foundations of a multipolar international system. To accomplish such a goal, they face the challenge of conducting organizational activities. The significance of the five countries in the world economy increases with their joint efforts as a geopolitical group. Their economic success ensures their active role in the UN, IMF, WB, and WTO. This study aims to demonstrate how the historical geopolitical change takes place, highlighting its real and objective reasons related to both the development of the world economy and the alteration in the structure and fundamentals of international relations in the 21st century with the emergence of new political and economic organizations and alliances.

Keywords:

BRICS; geopolitics; regions; G7; Arab states and other countries; World Bank; economy.

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