Geopolitical Economy Report cover image

West's economic war on Russia backfires, destroys EU industrial base, fuels Eurasian integration

Geopolitical Economy Report

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The Economic Dynamics of the BRICS Countries and the G7

This chapter explores the changing share of the world economy between the BRICS countries and the G7, with the former's share increasing while the latter's decreases. It discusses the expansion of the BRICS bloc and the consequences of the Western Economic War against Russia on Europe, particularly Germany. The chapter also highlights Russia's re-industrialization and the backfiring impact of the West's economic war on Russia and Europe.

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