BRICS and Its Role in the Economy of Afghanistan and the World

Authors

  • Ehsaanullah Moqimzai Department of BBA, Faculty of Economy, Faryab University, Afghanistan

DOI:

https://doi.org/10.55544/ijrah.5.1.29

Keywords:

BRICS, global economy, international trade, innovation and technology, Afghanistan’s economy

Abstract

The rapid and accelerating transformations of today’s world at regional and international levels have driven countries toward greater cooperation and interaction. This, in turn, has led to the formation of new alliances or the strengthening—or even weakening—of existing ones. The BRICS organization, comprising emerging economic powers, is one such alliance that began its activities in 2009. With the aim of reshaping the global order, it has quickly become an influential institution in the international arena. This article, using a qualitative approach and a citation-argumentation method, seeks to answer the question: What impact does BRICS have on the global economy?

The findings of this study indicate that BRICS has, in a short period, established itself as a new economic pole challenging the West and has gradually extended its influence to security and international politics. If certain challenges and weaknesses facing this institution are addressed, it could play a significant role in reforming the current international system.

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References

Kumar, N.(2020). The rise of brics: challenges and opportunities .New York:Oxford Univesity press.

Stuenkel,O.(2015). The brics and the future of global order. Lexington Books

World bank (2023). Brics economic outlook: opportunites in emerging markets

International monetary fund (IMF)reports (2023)

Jha,R.(2018).brics and global governance.global governance journal ,24(3),345-360

Smith,K.(2019). Economic cooperation within brics and its impacts on developing nations. Journal of development studies,55(4),580-595.

World bank(2022). Afghanistan devlopment update: the role of regional econmic integration.

United nation devlopment programme (UNDP) afghanistan (2921). Regional economic partnerships and afghanistan growth

NDB Annual reorts(2023)

Brics:brics.org

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Published

2025-01-30

How to Cite

Moqimzai, E. (2025). BRICS and Its Role in the Economy of Afghanistan and the World. Integrated Journal for Research in Arts and Humanities, 5(1), 220–226. https://doi.org/10.55544/ijrah.5.1.29