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A Coalition of Contradictions: The Promise and Peril of BRICS+

In: International Trade and Economic Development in BRICS

Author

Listed:
  • Vasilii Erokhin

    (Harbin Engineering University, School of Economics and Management)

  • Tianming Gao

    (Harbin Engineering University, School of Economics and Management)

  • Maxim Chernyaev

    (RUDN University)

Abstract

The evolution of the BRICS bloc into the BRICS+ coalition marks a significant geopolitical development, characterized by a fundamental tension between centripetal and centrifugal forces. Convergent interests in multipolarity, de-dollarization, and institutional counter-building are persistently challenged by internal fissures, including strategic rivalries and profound economic asymmetries. This analysis investigates the internal and external dimensions of this transformative alliance, its adjusted agenda following expansion, and the critical challenges ahead. The findings posit that the bloc’s long-term coherence as a viable alternative in the global architecture will be determined by its capacity to forge a constructed advantage through balanced technological development and deeper institutional integration, a process pivotal to shaping the twenty-first-century world order.

Suggested Citation

  • Vasilii Erokhin & Tianming Gao & Maxim Chernyaev, 2026. "A Coalition of Contradictions: The Promise and Peril of BRICS+," Contributions to Economics, in: Vasilii Erokhin & Tianming Gao & Poshan Yu (ed.), International Trade and Economic Development in BRICS, chapter 0, pages 319-341, Springer.
    • Handle: RePEc:spr:conchp:978-981-95-8801-5_14
    DOI: 10.1007/978-981-95-8801-5_14
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