12min chapter

Geopolitical Economy Report cover image

BRICS grows, adding Indonesia as member: world's 4th most populous country, 7th biggest economy

Geopolitical Economy Report

CHAPTER

Indonesia's Strategic Shift: Nickel, BRICS, and Alternative Global Economies

This chapter discusses Indonesia's entry into BRICS and its strategic alliances with China and Russia, underlining its importance in the nickel market. It examines the country's policy shift towards domestic nickel processing and the consequent economic transformations, as well as BRICS' potential to challenge Western financial hegemony.

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