... Panova:
Impulse of Multipolarity: Outcomes of South Africa’s BRICS Summit
The brand-new partnership presents an attractive alternative to previously launched exclusive formats that mostly ignored the interests of the developing world. Voices from the Global South would grant recognition and support to the BRICS multilateral initiatives, among which might be the reform of some of the key Internet governance institutions including the Internet Corporation for Assigned Names and Numbers and the Internet ...
... members, this article argues that a multi-faceted and sustainability-oriented cooperation strategy will prevail over discrepancies in state domestic priorities, mainly due to a unique form of people-to-people cooperation in the larger framework of the Global South, in addition to the geopolitical influence of the main actors and their global economic importance.
In the Memorandum of Understanding (MoU) on Environmental Cooperation of 2018, BRICS countries agreed to promote cooperation in the 2030 Agenda ...
... proposed by France, the “Western family” and the Fifth Republic itself would still have to retain the most comfortable place in the international system, the right to define the rules of the game for all, retaining the appearance of solidarity with the global South. In this regard, multipolarity, as French analysts
explain
, is usually understood by Paris not as the existence of several roughly equal centers of power, but as a joint solution to global problems with the unconditional priority of Western ...
... expressing their desire to join the grouping. We are witnessing what may be termed the "BRICS Plus moment" in the evolution of the BRICS bloc as the summit's decisions on expansion are likely to impact not only the development trends across the Global South but also across the entire world economy.
One notable merit in China's determination to expand the current BRICS membership is that it reaffirms the principle of openness of the BRICS as a bloc, including its very core. This expansion in ...
The recent trip of Li Shangfu suggests that Beijing and Moscow are consistently moving to a new model of cooperation that might look quite appealing to a broad range of international actors in the Global South
Earlier this week, Chinese Defense Minister Li Shangfu visited Russia on his first trip overseas in this role and predictably got a very warm reception in Moscow. Li had a meeting with Russian President Vladimir Putin. This trip attracted ...
The Global South looks at Norway with a hope to at least push the “un-pause button” of the Council
The resonance of the Russia-Ukraine conflict has sent geopolitical tremors in the Arctic that has, in a way, fractured regional ice. Suspension of the ...
... on the world stage and the increasing support for African economic integration both regionally and globally. In fact, one of the few positive trends in the global economy in recent years has been the greater prominence of regional integration in the Global South of which perhaps the most important has been the AU-led creation of the African Continental Free Trade Area (AfCFTA). The African Union is in the process of accession to the core of the G20 grouping as a full-fledged member and is also a ...
The resolution of the crisis might well trigger long-awaited reforms in the global order, which should imply, among other things, a more prominent role for the Global South in the international system
However, this mission has turned out to be impossible to accomplish. Over the last year, in the Global South, as a rule, countries do not subscribe to the US or the EU anti-Russian sanctions. These countries ...
... sectors and companies has been highlighted on a number of occasions by the
Valdai club
, including in a separate report published in June 2021. The most emphatic of these “platform trends” has been associated with the regional platforms of the Global South that included such projects as the African Continental FTA, the creation of the Regional Comprehensive Economic Partnership (RCEP), expansion in the Shanghai Cooperation Organization (SCO).
Apart from creating new regional blocks, greater ...
... monetary policy pursued by the Federal Reserve and the underestimation of inflationary risks during the monetary stimulus period. Another was the protracted period of trade restrictions and sanctions applied against some of the largest economies of the Global South such as China. As
argued
by political analyst Azhar Azam, “after reshoring and onshoring, friend-shoring is … a de facto and defunct American protectionist approach … launched under the veil of the new symbolism with support of the ...
