BRICS+ 2.0: Toward a polycentric world order

... combines the mechanisms of regional and global governance.” I share the view that BRICS has the ingredients of serving as a platform for transforming the current system of global governance in the direction of greater openness and inclusiveness. All BRICS countries are present in all of the main regions of the Global South; they have created new institutions such as [the New Development Bank] that prioritize sustainable development and greater cooperation along the South-South axis. While there may be occasional difficulties and disagreements among members, the overall track-record of BRICS cooperation provides a firm ...