chapter  8
19 Pages

The BRICS countries and the global financial governance

WithWang Hao

The BRICS, consisting of China, India, Russia, Brazil and South Africa, is a representative of emerging markets and economies, and an important new force in the perfection and reform of global financial governance. Nowadays, the BRICS countries are all at the stage of economic take-off, with great potential and broad prospects. These countries, with abundant energy resources and relatively independent economic systems, have achieved rapid development and still enjoy great potential.