BRICS: Union of Reformers and National Interests
... idea of challenging the hegemony of the United States was originally attributed to Russia. Moscow became the catalyst for the formation of the BRIC community towards the end of the 2000s. But now it is China that is leading the way. Beijing’s efforts to reform the IMF are complimented... ... state power. This is why the negative effects of unipolarity are valid for the world of finance as well. Establishing economic multi-polarity should be accompanied by a more... ... development of the BRICS group at the global and national levels. 1) Reform of the UN Security Council (the global level) : The general financial structures of the BRICS...