Bridging Continents: Emergence of BRICS and Assumptions for New-World Order
DOI:
https://doi.org/10.35484/ahss.2023(4-III)75Keywords:
Economic Cooperation, Global Governance, Gross-Domestic Product, Multilateralism, Multi-PolarityAbstract
The aim of this study is to examine the connection between the bridging continents: emergence of BRICS and assumptions for New-World Order. The role of emerging economies in connecting the poles of world and making an alliance for trade and mutual-benefits. The soft power tactics and influential posture used by BRICS to reduce the dominance of dollar from third-world states. A qualitative methodology has been used in this paper. A qualitative analysis of the connection between different continents, the formation of BRICS and its impact on worlds economy and the theory of Multi-polarity, assissts the change in world order due to having paradigm shift. The results of this study shows that a great alliance has been created for de-dollarization and which have great impact over the worlds economy in contemporary period. This study recommends, paradigm shift in world order happens then the BRICS Development Bank would beat IMF and World Bank.
Downloads
Published
Details
-
Abstract Views: 290
PDF Downloads: 116
How to Cite
Issue
Section
License
Copyright (c) 2023 Annals of Human and Social Sciences
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) & Annals of Human and Social Sciences (AHSS) adheres to Creative Commons Attribution-Non Commercial 4.0 International License. The authors submitting and publishing in AHSS agree to the copyright policy under creative common license 4.0 (Attribution-Non Commercial 4.0 International license). Under this license, the authors published in AHSS retain the copyright including publishing rights of their scholarly work and agree to let others remix, tweak, and build upon their work non-commercially. All other authors using the content of AHSS are required to cite author(s) and publisher in their work. Therefore, RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) & Annals of Human and Social Sciences (AHSS) follow an Open Access Policy for copyright and licensing.