BRICS Challenges the Western Order

BRICS Challenges the Western Order
(From L to R) President of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, South African President Cyril Ramaphosa, Prime Minister of India Narendra Modi, and Russian Foreign Minister Sergei Lavrov attend the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, on Aug. 24, 2023. Phill Magakoe/AFP via Getty Images
Milton Ezrati
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Commentary

Brazil, Russia, India, China, and South Africa—the so-called BRICS bloc—have invited six other nations to join. South African President Cyril Ramaphosa announced the offer at the bloc’s annual summit in Johannesburg to Saudi Arabia, the United Arab Emirates, Iran, Egypt, Ethiopia, and Argentina to join. Most will likely accept. According to Egyptian President Abdel Fattah el-Sisi, the enlarged bloc will “raise the voice of the global south.”

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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