Report: BRICS+ likely new counterpoint to G7-led geopolitical order2.5.2024 09:05:42 CEST | news aktuell GmbH
Los Angeles/DNA - The expansion of the BRICS group of nations into what has informally been named BRICS+ could highlight a geopolitical shift, with the new grouping positioning itself as a counterpoint to the Western-led geopolitical order, a report published by the Luskin School of Public Affairs at the University of California Los Angeles (UCLA) argues. The report, titled "Towards A New Global Contestation? Comparing the Governance Performance of G7 and BRICS+ Nations" examines how the ten BRICS+ countries compare to the G7 nations on factors such as provision of public goods, quality of democracy and quality of governance. It uses the Berggruen Governance Index (BGI) to measure the governance performance of countries in these three dimensions. In January 2024, Saudi Arabia, Iran, Ethiopia, Egypt and the United Arab Emirates (UAE) joined the BRICS group. The term BRICS was originally coined by an economist in the 2000s to refer to a group of emerging economies: Brazil, Russia, India,