BRICS’ Significance in Global Governance and Their Role in Challenging the Existing World Order

The emergence of the ‘BRICS (Brazil, Russia, India, China, South Africa)’ has ignited the considerable debate regarding its impact on global governance and its potential to challenge the existing global order. This review paper highlights the importance of BRICS in global leadership and its role in reshaping the dynamics of global governance. It examines the relevance of BRICS, comprising emerging economies and highly populated countries, in the context of a changing global order. Furthermore, it examines the level of threat posed by BRICS to the existing global order and explores how this association is changing the dynamics of global governance. The review evaluates two contrasting research articles by Sudip Chakraborty and Mohammed Nuruzzaman. Chakraborty emphasizes the role of regional powers, particularly the BRICS nations, in global governance, advocating their integration to address contemporary challenges. He suggests that the BRICS, through collaborative and institutionalization efforts, have the potential to reshape global power dynamics and proposes democratic reforms for better representation of developing nations. In contrast, Nuruzzaman questions the BRICS threat to the post-war liberal world order, arguing that the group needs substantial convergence in foreign policy, ideological unity and a coherent vision, and expressing doubts due to internal heterogeneity. The article recognizes the economic influence of the BRICS but questions its viability as a political alternative.