Transatlantic Policy Quarterly (TPQ) - Winter 2023/24 · Vol. 22 · No. 4

Download or read book Transatlantic Policy Quarterly (TPQ) - Winter 2023/24 · Vol. 22 · No. 4 written by Haroldo Ramanzini Junior and published by TRANSATLANTIC POLICY QUARTERLY. This book was released on 2024-03-01 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil, Russia, India, China, and South Africa, or the BRICS nations, are living proof of how power and influence are constantly changing in the world's politics and economy. Redefining their positions within the global system and laying the groundwork for a multilateral world order that aims to challenge the traditional dominance of Western economies and institutions, the BRICS countries have been active since the acronym was coined in the early 21st century and expanded to include South Africa in 2010. Iran, Saudi Arabia, UAE, Argentina, Bolivia, Indonesia, Egypt, Ethiopia, Cuba, Gabon, Democratic Republic of the Congo, Comoros, and Kazakhstan are among the more than 40 nations that have shown interest in becoming BRICS members. Now, after a huge expansion, the BRICS has grown into a more formidable club of nations with the recent addition of Egypt, Ethiopia, Iran, and the UAE. Also, Saudi Arabia is still working on becoming a full member, even though Javier Milei, Argentina's newly elected president, turned down the invitation. Given that BRICS now includes over 40 percent of the world's population and 25 percent of the world's economy, it's easy to see why the organization is so essential to be better understood. Given this, the purpose of this TPQ special issue is to delve into the background, reality, and future prospects of the BRICS as well as the various reasons and motivations behind the accession of its member states.