Can BRICS problem US dominance within the world financial system? | Enterprise and financial system

International ministers of the BRICS nations are internet hosting South Africa together with Brazil, Russia, India and China in Cape City.

The group started considerably informally in 2006 with South Africa 4 years later. However in at present’s extra polarized geopolitical world, the BRICS membership has develop into extra necessary.

Many nations have expressed curiosity in becoming a member of the bloc.

Does this group of rising economies have the potential to vary world commerce and the steadiness of energy? Or is it a political pipe dream?

Presenter: Muhammad Juman

Visitor:

Sanusha Naidu – Senior Analysis Fellow on the Institute for International Dialogue, an impartial international coverage suppose tank

Chris Weffer – CEO of Macro-Advisory, a strategic consultancy within the Eurasia area

Shirley Yu – Political economist and senior fellow on the Harvard Kennedy Faculty