BRICS to unveil the main criteria for the expansion: Interview with Yaroslav Lissovolik
... economies. If the expansion of BRICS progresses further in the coming years, could it be that BRICS+ emerges as a platform for a new round of globalization in the world economy? Indeed, despite the challenges and risks, BRICS if expanded to the BRICS+ and BRICS++ formats could attain the scale to serve as an important platform for a revitalized globalization effort. It could work more closely with the G20 as well as with the Bretton Woods institutions such as the IMF and the World Bank in rendering the new the new round of globalization more inclusive and balanced. Regional integration arrangements and their development institutions could also become ...