Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/306420 
Year of Publication: 
2024
Citation: 
[Journal:] Cuadernos Económicos de ICE [ISSN:] 2340-9037 [Issue:] 107 [Publisher:] MINCOTUR [Place:] Madrid [Year:] 2024 [Pages:] 133-145
Publisher: 
MINCOTUR, Madrid
Abstract: 
The paper explores whether the changing dynamics of the BRICS potentially influence the formation of economic and political blocs and investigates whether BRICS+ can serve as a geoeconomic counterweight to the G7. Evaluating the impact of resource endowment, trade relations, political regimes, and financial market roles of BRICS+ members on the global economic and political landscapes, the article discusses the geopolitical importance of BRICS+, and the G7 responses. We conclude that the BRICS+ serve as a wake-up call for the G7, urging a reassessment of political and economic ties in the face of a changing global scenario.
Subjects: 
BRICS
trade
financial markets
resources
geopolitics
G7
JEL: 
F1
F3
F5
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-sa Logo
Document Type: 
Article
Document Version: 
Published Version

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