THE PLACE OF BRICS IN WORLD POLITICS

The unilateral model of international relations is not capable to execute global governance. The existing financial institutes serve only the interests of few highly developed countries. This situation does not satisfy developing countries. The latter put forward new approaches to the important task...

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Main Author: E. M. Astakhov
Format: Article
Language:English
Published: MGIMO University Press 2016-02-01
Series:Vestnik MGIMO-Universiteta
Subjects:
Online Access:https://www.vestnik.mgimo.ru/jour/article/view/486
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author E. M. Astakhov
author_facet E. M. Astakhov
author_sort E. M. Astakhov
collection DOAJ
description The unilateral model of international relations is not capable to execute global governance. The existing financial institutes serve only the interests of few highly developed countries. This situation does not satisfy developing countries. The latter put forward new approaches to the important task of reforming the world order system. BRICS countries will contribute to the elaboration of a new economic system based on equal to financial sources and trade markets. BRICS countries have the sufficient potential to become a new pole of political and economic influence free from geopolitical calculation and the temptation to impose their social models and political standards. Russia sees in BRICS an important place to discuss problems of international politics and world economy. At the same time Russia is interested in a dynamic economic cooperation with members of the group. Taking into consideration the current international situation, Russia will help to strengthen the political and economic position of BRICS. At the same time it is desirable to maintain a prudent policy of cooperation in both directions with East and with West.
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spelling doaj-art-7a14079e8371413786a2928dbcb75d462025-01-30T12:16:14ZengMGIMO University PressVestnik MGIMO-Universiteta2071-81602541-90992016-02-0101(46)425010.24833/2071-8160-2016-1-46-42-50486THE PLACE OF BRICS IN WORLD POLITICSE. M. Astakhov0Moscow State Institute of International Relations (University)The unilateral model of international relations is not capable to execute global governance. The existing financial institutes serve only the interests of few highly developed countries. This situation does not satisfy developing countries. The latter put forward new approaches to the important task of reforming the world order system. BRICS countries will contribute to the elaboration of a new economic system based on equal to financial sources and trade markets. BRICS countries have the sufficient potential to become a new pole of political and economic influence free from geopolitical calculation and the temptation to impose their social models and political standards. Russia sees in BRICS an important place to discuss problems of international politics and world economy. At the same time Russia is interested in a dynamic economic cooperation with members of the group. Taking into consideration the current international situation, Russia will help to strengthen the political and economic position of BRICS. At the same time it is desirable to maintain a prudent policy of cooperation in both directions with East and with West.https://www.vestnik.mgimo.ru/jour/article/view/486bricsglobal governancealternative institutionspole of influencegeopolitical interests
spellingShingle E. M. Astakhov
THE PLACE OF BRICS IN WORLD POLITICS
Vestnik MGIMO-Universiteta
brics
global governance
alternative institutions
pole of influence
geopolitical interests
title THE PLACE OF BRICS IN WORLD POLITICS
title_full THE PLACE OF BRICS IN WORLD POLITICS
title_fullStr THE PLACE OF BRICS IN WORLD POLITICS
title_full_unstemmed THE PLACE OF BRICS IN WORLD POLITICS
title_short THE PLACE OF BRICS IN WORLD POLITICS
title_sort place of brics in world politics
topic brics
global governance
alternative institutions
pole of influence
geopolitical interests
url https://www.vestnik.mgimo.ru/jour/article/view/486
work_keys_str_mv AT emastakhov theplaceofbricsinworldpolitics
AT emastakhov placeofbricsinworldpolitics