Creating BRICS as a new structure of global development and governance

Economic Annals-XXI: Volume 120, Issue 5-6, Pages: 24-26

Citation information:
Kaimashnikova, E. S. (2012). Creating BRICS as a new structure of global development and governance. Economic Annals-XXI, 5-6, 24-26. https://ea21journal.world/index.php/ea-v120-07/

E. S. Kaimashnikova

Creating BRICS as a new structure of global development and governance

Abstract. In the article the main reasons for creating BRICS as a new group of global governance which brings together developing countries are described. The article determines the distinctive features of countries that prevent the effective interaction within the group, as well as common features and factors of BRICS countries integration. The basic principles and strategic directions for action of a group are revealed.

Keywords: Globalization; International Community; Group; BRICS; Declaration