BRICS Financial Institutions: A Radical Force or Stabilizer of Neoliberal Hegemony?
The world’s leading emerging economies, Brazil, Russia, India, China, and South Africa (BRICS) banded together as a cooperative forum, presenting a potential counter hegemonic alternative to that of Western powers. At a time of shifting global power relations, BRICS have sought to amplify their political power by working together expand influence to address existing economic conflicts of interests and to strengthen their political power.
