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Economist Podcasts

Fellow-BRICS road: a club expands

Aug 25, 2023
John McDermott, Chief Africa correspondent at The Economist, shares insights on the recent BRICS expansion and its geopolitical implications. Holly Berman delves into the rise of child influencers, discussing the regulatory hurdles and marketing impacts of this phenomenon. Anne Rowe honors Bindeshwar Pathak, who revolutionized sanitation in India through innovative toilet designs and empowerment efforts for lower castes. The discussion uncovers the complexities within BRICS and the evolving landscape of social media marketing.
24:34

Podcast summary created with Snipd AI

Quick takeaways

  • The expansion of the BRICS alliance reflects China's increasing influence and the desire to recalibrate relationships between the West and China.
  • The rise of child social media influencers raises concerns about exploitation and the need for regulation.

Deep dives

BRICS expansion and shifting geopolitics

The BRICS alliance, consisting of Brazil, Russia, India, China, and South Africa, has recently expanded to include six new countries. This expansion highlights the growing assertiveness of emerging powers on the global stage, particularly China's increasing influence in courting these powers. The BRICS block was initially seen as a group of developing countries driving global economic growth, but in recent years, its relevance came into question. However, factors such as China's rise and a demand for greater middle power influence have led to the expansion push. The addition of Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates reflects China's influence in the group and the desire for countries to recalibrate their relationships between the West and China.

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