Western economic order

How BRICS Nations Are Challenging the Western Economic Order

In the evolving landscape of global economics, the BRICS nations—Brazil, Russia, India, China, and South Africa—are emerging as influential players, challenging the long-standing dominance of Western powers. Established in 2009, BRICS represents a coalition of emerging economies that seeks to foster collaboration in various sectors, including trade, investment, and political influence. As these nations navigate a multipolar world, their collective efforts are reshaping global economic dynamics and redefining the existing economic order led by the West.