BRICS — How Will the Organisation Get a ‘Second Wind’?

... initially considered a club of the most dynamic economies, the union of five countries has become internally highly heterogeneous. China and India continue to vie with each other as leaders of economic growth, while Brazil, South Africa and Russia have witnessed a systemic crisis since the mid-2010s, when the fall in GDP alternates with stagnant growth.... ... predecessors from the leftist camp (Presidents Lula da Silva and Dilma Rousseff), Bolsonaro was not close to the idea of uniting the Global South under the banner of reshaping the world order. However, more pragmatic, technocratic areas that are objectively beneficial ...