2min chapter

Geopolitical Economy Report cover image

BRICS expands with 9 new partner countries. Now it's half of world population, 41% of global economy

Geopolitical Economy Report

CHAPTER

BRICS and the Quest for Economic Alternatives

This chapter delves into BRICS' efforts to challenge Western economic dominance through de-dollarization and local currency trading. It discusses the organization's strategies to reduce reliance on the US dollar and hints at a pivotal summit in 2024 to reshape the international monetary system.

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