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Importance of BRICS as a regional politics and policies

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Abstract

BRICS is an important politico–economic body formed by five large developing countries, i.e., Brazil, Russia, India, China, and South Africa. The BRICS countries are formed mainly due to the outcome of the Geo-politics of global governance. Geopolitics is the art and practice of using political power over a given region or territory. The present study is concerned with the evaluation of the geopolitical role of BRICS as an international, regional, and political organization. The main objective of this paper is to revisit the debate on political and economic power among the BRICS countries as regional politics and policies. This paper has been done mainly depending on some secondary data, research articles, books, and websites. Descriptive statistics, Composite Index (CI) methods have been used to obtain the empirical outcome. The BRICS countries have an emerging economy that is expected to become stronger in the future. This global governance will have a significant impact on many branches of the economy, health care services, and other regional aspects. The BRICS summit declarations are mainly based on economic, political, regional, financial, and commercial approaches. BRICS countries have an interdependent political strategy and interstate relations based on interdisciplinary cooperation and experience sharing. The improvement of educational and technical activities, more cooperation, and economic development should be needed for further progress of this alliance.

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Acknowledgements

We are herewith submitting the original research article entitled “Importance of BRICS as a Regional Politics and Policies” for consideration in Geo Journal. We acknowledged the secondary materials that have been used in this paper. We also want to convey our thankfulness to the Websites and Journals. Finally, we are thankful to the editor of Geo Journal for suggesting us about the modification of sending files and continuously supporting us.

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Correspondence to Moududa Khatun.

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Appendix 1

Appendix 1

See Tables 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14 and 15

Table 4 Total population of BRICS countries (2011–2020) (in Billions)
Table 5 Annual GDP growth rate (percentage) of BRICS countries (2011–2020)
Table 6 Per capita GDP (current US$) of BRICS countries (2011–2020)
Table 7 Foreign direct investment, net inflows (BoP, current US$) (in billion)
Table 8 Merchandise trade (percentage of GDP)
Table 9 Statistical Capacity Score of BRICS countries (Overall Average) (scale 0—100)
Table 10 Gross capital formation (percentage of GDP) (A), Gross fixed capital formation (percentage of GDP) (B), and Gross national expenditure (percentage of GDP) (C) of BRICS countries
Table 11 Foreign tourist arrivals from different continents, 2019 (in percentage)
Table 12 Trade flows of BRICS with different regions (2001 to 2016, Million US dollars)
Table 13 Various Imports of BRICS Countries (2011 to 2019)
Table 14 Various Exports of BRICS Countries (2011 to 2019)
Table 15 Human Development Index (HDI) of BRICS countries

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Trivedy, A., Khatun, M. Importance of BRICS as a regional politics and policies. GeoJournal 88, 5205–5220 (2023). https://doi.org/10.1007/s10708-023-10883-w

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