I'm thinking that "More than just a payment system" is what most people seem to be missing. BRICS can develop into a parallel set of institutions and protocols to the World Bank, the IMF, the WTO, BIS, etc., but by no means is developing parallel institutions and protocols quick and simple.
I doubt the existing institutions are willing to do that for the existing set of institutions and protocols, but I don 't see any reason why a parallel BRICS system can't be built without THOSE protocols.
I'm thinking that "More than just a payment system" is what most people seem to be missing. BRICS can develop into a parallel set of institutions and protocols to the World Bank, the IMF, the WTO, BIS, etc., but by no means is developing parallel institutions and protocols quick and simple.
Monetarism and mercantilism have to be jettisoned before building those institutions.
I doubt the existing institutions are willing to do that for the existing set of institutions and protocols, but I don 't see any reason why a parallel BRICS system can't be built without THOSE protocols.
Excellent
A Masterpiece Sir!
Agree, mostly
I also think Africa does not feature significantly enough in BRICS to be included in any conclusive conversation about it
Yes BRICS will be a game changer for Russia China Asia & the Middle East
One believes Africa has unique contexts by which it should not seek to align itself for or against BRICS or the Dollar
Ideally, one would wish for Africa to lead an independent, Third Economy: pun intended…
Great work, my dear brother.
I am studying agronomy in brazil, and i hope one day to also be able to make my contribution to the good of our african people.