What to expect from the BRICS expansion
The evolution of the grouping alongside the changing dynamics of political economy.
This year’s BRICS annual summit delivered the headline announcement of the group’s expansion: in January 2024, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will join the grouping.
In this episode of The Sound of Economics, Giuseppe Porcaro and Alicia García-Herrero are joined by Jim O’Neill, who coined the acronym BRIC, to discuss how the grouping has developed since its formation in 2009, the reasons behind this new expansion and the consequences it may have on the global economic and geopolitical landscape.
Related content
Will China’s economy follow the same path as Japan’s?
Since the 2021 bursting of its real-estate bubble, worries have grown that China's future economic trajectory will mirror that of Japan in the 1990s
China economic database
Repository of what we consider to be the most relevant macroeconomic data for China and EU-China relations.
China’s ‘two sessions’ points to determination to rebuff Trump
China's leadership plans to increase the deficit, lower inflation rates and increase manufacturing capacity whilst supporting critical technologies
