BRICS is an acronym for the powerful grouping of the world's leading emerging market economies, namely Brazil, Russia, India, China and South Africa,and it aims is to promote peace, security, development and cooperation.
Theoretically it is good to classify the true meaning of the ideas brought by the BRICS association, but so far the impact of it all might affect decentralization as a new option for countries that need support in consolidating economic power. But the question is how far this can happen because the dominance of the dollar is still quite strong today.
So what are your thought on the collaboration of countries that come together and form BRICS.
No regeneration is going to achieve the impact that the dollar did anytime soon, although the BRICS is trying to find loopholes to influence some countries to join. China and Russia intend to exert influence in the world and it is in this way that we do not see a long term option for their plans. Countries that join NATO will try to maintain control and it is unlikely that they will stand by and watch this dominance slip away.