BRICS OPPORTUNITIES AND CHALLENGES AHEAD
BRICS OPPORTUNITIES AND CHALLENGES AHEAD

Summary/Abstract: Today BRICS is moving from being an easy marker to guide foreign investors interested in emerging markets to denoting an important political group of countries determined to promote major changes in international relations. Each actor in this view is only concerned with its individual and relative gain instead of absolute gain for multiple countries. The BRICS whose importance as an engine of new demand growth and spending power may shift more dramatically and quickly than expected. The differences and mistrust among the BRICS consequently make it difficult for them to coordinate their actions and demands in the international institutions.

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