BRICS: Union of Reformers and National Interests

... are focused on the fundamental structures of the global financial system – the IMF and the International Bank for Reconstruction and Development (IBRD). The idea... ... 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...