The BRICS economic blocs and their role in the international system

Section: Research Paper
Published
Jun 24, 2025
Pages
366-397

Abstract

This study aims to understand impact of economic blocs of the BRICS countries on global system, Recently term BRICS was heavily used to represent an economic bloc , a new international system , an attempt to visualize present time , balance powers on global stage and nature of this reflection on role and position of the United States of America as a superpower.BRICS countries were founded in 2008 , with the largest global economic entities. This name represents first five letters of its five member states (Brazil, Russia, India, China, and South Africa), Those countries represent third of world's area, or about 41.6% of world's population. Its first summit was held in 2009 with a declaration for a bipolar global system.BRICS countries seek to obtain a place in the new international system in a way that is consistent with their capabilities and economic potentials and becoming a pole that influences great powers.

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