This chapter aims to provide an overview of the key themes explored in this book. It begins by offering a brief historical background of the BRICS alliance, formerly known as BRIC, and discusses the opportunities that exist for the bloc to challenge the current unipolar geopolitical environment. Despite its potential to shape a new world order, BRICS faces challenges posed by varying and sometimes conflicting national interests; the particularities of the ties maintained by some state members with the West; the rivalries between some state members and their neighbours (Russia vs Ukraine, China vs Taiwan, Egypt vs Ethiopia, India vs Pakistan, and Ethiopia’s Tigray conflict); and the apparently hostile attitudes of Russia and Iran towards the West, and Iran towards Israel. While the bloc shows a common front aimed at reshuffling the world governance order, and seeks global financial reforms, their peace, security and collective stability is at stake. The chapter discusses the concepts of geopolitics, geostrategy and geoeconomics, along with the various challenges that confront the expanded BRICS, while offering some perspectives for the survival of this emerging financial and geopolitical powerhouse. It argues that the New Development Bank, the expansion of the BRICS grouping and the need for frank dialogue between the enlarged BRICS and its counterpart Western governments are key assets that the bloc needs to consolidate so that, with its increasing population, GDP and oil production, it remains both a competitor and a viable and reliable driving force of a multipolar order—and a fair economic partner in the development of the Global South (regions of Africa, Latin America, Asia and Oceania).

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BRICS Expansion: Geopolitical, Geostrategic and Geoeconomic Implications

  • Jean Chrysostome K. Kiyala

摘要

This chapter aims to provide an overview of the key themes explored in this book. It begins by offering a brief historical background of the BRICS alliance, formerly known as BRIC, and discusses the opportunities that exist for the bloc to challenge the current unipolar geopolitical environment. Despite its potential to shape a new world order, BRICS faces challenges posed by varying and sometimes conflicting national interests; the particularities of the ties maintained by some state members with the West; the rivalries between some state members and their neighbours (Russia vs Ukraine, China vs Taiwan, Egypt vs Ethiopia, India vs Pakistan, and Ethiopia’s Tigray conflict); and the apparently hostile attitudes of Russia and Iran towards the West, and Iran towards Israel. While the bloc shows a common front aimed at reshuffling the world governance order, and seeks global financial reforms, their peace, security and collective stability is at stake. The chapter discusses the concepts of geopolitics, geostrategy and geoeconomics, along with the various challenges that confront the expanded BRICS, while offering some perspectives for the survival of this emerging financial and geopolitical powerhouse. It argues that the New Development Bank, the expansion of the BRICS grouping and the need for frank dialogue between the enlarged BRICS and its counterpart Western governments are key assets that the bloc needs to consolidate so that, with its increasing population, GDP and oil production, it remains both a competitor and a viable and reliable driving force of a multipolar order—and a fair economic partner in the development of the Global South (regions of Africa, Latin America, Asia and Oceania).