BRICS: Shaping Global Economic Landscape and Growth
International News
August 23, 2023
As more nations express interest in joining the BRICS alliance, its impact on the global stage becomes increasingly profound. BRICS nations are on the trajectory to outpace the G7 in terms of world economic growth, a significant shift projected to occur from 2023 onward. growth, surpassing G7's 29.9%. By 2028, G7's contribution to the global economy is predicted to decline to 27.8%, while BRICS' share is expected to rise to an impressive 35%.