Recalibrating BRICS: India’s Moment in a Fragmented World
The episode begins with a reflection on Brazil’s 2025 BRICS presidency, which emphasized continuity with the bloc’s original reformist agenda—particularly the push for reform of global financial institutions and greater representation for emerging economies. While Brazil focused on trade facilitation, climate finance, and taxation cooperation, progress on deeper monetary coordination and mechanisms such as the Contingent Reserve Arrangement remained limited.
Ana Garcia also notes the gap between expectations and reality within BRICS. Despite its growing geopolitical visibility, the bloc has…
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