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THE BRICS APPROACH TO NATIONSTATE SOVEREIGNTY A Review Essay of Recent Commentaries John Zerby ACCCI Life Governors/Board 2 July 2013Introduction The origin of the acronym, BRIC, attributed to Goldman.

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Over some time, BRICS countries have come together to deliberate on important issues under the three pillars of political and security, economic and financial, and cultural and people-to-people.

Contributing towards socio-economic and human development projects is a core goal of the BRICS; notably, the NDB was created to provide funding for sustainable development projects. However, they have been recognized for building a fairer development system through other ways as well (Ricceri 2018).

BRICS (Brazil, Russia, India, China, and South Africa) is an important grouping bringing together the major emerging economies of the world. It comprises of (ing to World Bank data of 2019): 41% of the world population, having 24% of the world GDP and. over 16% share in the world trade.

BRICS was founded on the core principle of shaping an international order that is more fair, just, inclusive, equitable and representative. It is also focused on strengthening and reforming multilateral systems, with the UN at its centre.

In the WTO, the BRICS is trying to establish a fair order in agriculture policies. The BRICS group will also play a larger role in supporting poor nations in gaining an advantage in trade and climate change negotiations, as well as concerns relating to manufacturing goods exports.

The term BRIC (Brazil, Russia, India, and China) was first coined by the Chief Economist of Goldman Sachs, in 2001 in the context of an exercise to forecast global economy trends over the next half century.

BRICS has emerged as the voice of developing countries, or the global south. It has a significant role to play in protecting the interests of developing countries in matters related to poverty alleviation, free trade, climate change, debt financing etc.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232