BRICS: Union of Reformers and National Interests

... and financial architecture by reducing the weight of the U.S. dollar in international finance. The global economy will become more balanced if it starts to rely upon a number... ... development of the BRICS group at the global and national levels. 1) Reform of the UN Security Council (the global level) : The general financial structures of the BRICS... ... background of increasing instability. Given their political and economic positions, India and Brazil do not feel that the current structure of the UN Security Council adequately...