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The BRICS+ Power Shift: Geopolitical Risks and de-dollarization Impact with Dominic Bowen

Risk Management Show

CHAPTER

De-Dollarization and Geopolitical Shifts

This chapter explores the trend of de-dollarization among BRICS Plus nations, analyzing how they aim to reduce reliance on the US dollar through alternative financial systems and local currency trade. It examines the strategic responses of Western nations to these developments, highlighting the geopolitical tensions and the need for businesses to adapt to the changing landscape. Additionally, it discusses the regulatory challenges and technological advancements emerging from BRICS countries that could reshape competition in various sectors.

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