... international actors. Such an approach, practiced by BRICS, attracts the majority of world states. This was clearly demonstrated by the summit held in Johannesburg on August 22-24, 2023, which was attended by the leaders of more than 60 countries of the Global South and, most notably, African countries.
Today, BRICS is seen as one of the
pillars
of a new, more equitable world order, which is designed to give all countries equal opportunities, to free the states of the Global South and Global East from the role of obedient suppliers of cheap labor and raw ...
... or as its partner, should work together with the Global South in the international order building and global governance. The Global South is not an entity and is not clearly defined; it is internally diverse and does not have exactly the same aspirations; ... ... but it is possible to form a grid-like form of cooperation that is multilevel, multidisciplinary and multiformat.
The SCO and BRICS are originally platforms for political, economic, security and humanistic cooperation among their participants, but as they ...
..., the BRICS Secretariat, constructed of independent national secretariats, could be appointed. Finally, the Commission for Dispute Settlement is to be established for the provision of intra-conflict dispute resolution mechanisms.
Alexander Ignatov:
BRICS Cooperation Mechanism Gives Hand to Global South
In terms of horizontal institution-building, special attention should be given to determining sectoral sub-organs. The main areas of cooperation could be traced through the group’s declarations and summits’ orientation. Thus, from this ...
... 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 Society, making them more transparent and accountable....
... presidency in the 15
th
BRICS Summit and its promises to further cooperation resembles the country’s ambitions for merging national interests with regional and global integration development plans.
Finally, considering the high level of interest shown by Global South countries in becoming BRICS members, the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the United Arab Emirates have all been invited to join BRICS on the equal basis ...
... bearing its fruits as dozens of developing economies have enthusiastically responded to the openness of the bloc, 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 ...
... advocating the prioritization of the G20 route vs. BRICS[7]. Rather than a tug-of-war between the BRICS and the G7/G20 over the African Union, a far better outcome is the African Union leading the formation of platforms of regional cooperation in the Global South (within the BEAMS/BRICS+ format) as well as globally (within the G20 framework). This would be a palpable contribution of Africa and the Global South more broadly to a material transformation of global governance in the direction of inclusivity and openness to the developing ...
... integrated approach to labor market policy (all these initiatives were launched in 2013 during Russia’s G20 chairmanship). Besides, Russia views G20 as a useful platform for strengthening economic policy coordination among the BRICS economies (all of BRICS are G20 members) as well as with other heavyweights of the Global South.
G20 evolution: What is the way ahead?
Yaroslav Lissovolik:
Integration along the North–South Axis: Opportunities for Coupling
Looking into the future, the unique feature of G20 summits in the next three years is that they will be chaired ...
... the regional development institutions in which BRICS countries are members. Accordingly, regional development banks, regional financing organizations together with NDB can act in concert in advancing sustainable development and connectivity across the Global South.
In sum, the two dimensions of BRICS geography, namely the intra-continental and the inter-continental expanses of the developing world, determine the pathways for future BRICS cooperation. The enormous intra-continental distances for BRICS can become an asset and an opportunity-set ...
... earmarking up to USD 600 bn. to implement connection projects in developing countries. This funding is less than the existing funding in the Belt and Road Initiative, and it does not stipulate mechanisms for coupling with the relevant initiatives of the Global South.
New formats: R20 and BRICS++
Yaroslav Lissovolik:
Can BRICS Underpin a New World Order?
Importantly, integration platforms that incorporate both developed and developing states are also emerging amid growing global economic competition for integration platforms. Such groups ...