IDEAS home Printed from https://ideas.repec.org/a/ces/epofor/v25y2024i01p18-19.html
   My bibliography  Save this article

Beyond the Status Quo: BRICS+ and the Challenge to the G7

Author

Listed:
  • Günther Maihold

Abstract

Since the BRICS+’s challenge to the liberal international order has to do more with various particular issues than with an attempt to upend the norms that underpin the global order, the G7 should negotiate these issues in a step-by-step approach with the BRICS+ The G7 should accept the challenge presented by BRICS+ and establish the groundwork for a long-lasting dialogue with both the BRICS bloc and its individual member states The BRICS+ expansion requires a great deal of openness on the part of the G7 to discuss and negotiate the pending issues of representation in the international financial organizations and the definition of positions regarding climate policy The G7 countries are being challenged to come up with new, competitive concepts for development finance and cooperation that present a visible difference to China’s offers of less conditional financial assistance With regard to the BRICS+ members’ strategy of multialignment and forum shopping, the G7 should provide integral responses to the demands presented in order to avoid a situation of diffuse challenges voiced in different international fora

Suggested Citation

  • Günther Maihold, 2024. "Beyond the Status Quo: BRICS+ and the Challenge to the G7," EconPol Forum, CESifo, vol. 25(01), pages 18-19, January.
  • Handle: RePEc:ces:epofor:v:25:y:2024:i:01:p:18-19
    as

    Download full text from publisher

    File URL: https://www.cesifo.org/DocDL/econpol-forum-2024-1-maihold-brics-enlargement.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:epofor:v:25:y:2024:i:01:p:18-19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/cesifde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.