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What are the possible scenarios for the future of the BRICS? - Coggle…
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Scenario #4: Economic, political and cultural corporation integration
Economic
Combination of BRICS’ economic influence and potential, is focused on developing, improving and implementing new technology and infrastructure into developing countries.
Projects such as “The African Crossroads” are the product of the integration of BRICS’ economic support.
Projects like this contain immense economic potential, meaning that hundreds of companies worldwide flood to the opportunity to cooperate with BRICS.
Through the cooperation of BRICS, their integration of economic influence in the market led each country to become economic leaders in each of their respective regions, technologically and economically.
Their economic influence gives BRICS an edge in the competitive global economic market, which gives them the power to address and tackle current global and economic issues. Which can be done through proposed projects such as “The African Crossroads”, which was directed to improving transportation, imports and exports; in and out of Africa as well as throughout Africa.
This influences public wealth distribution, education, business practice, healthcare and sustainable development practices. BRICS economic incorporation also helps with innovation, defense and business development.
Cultural
There are great distances separating the BRICS countries – their respective languages are not frequently studied at schools and universities, meaning that even educated people from these five countries understand their respective histories and cultures. Additionally, their societies are composed of various ethnic and religious groups.
This is why measures need to be taken to overcome the cultural gap between civilizations.
The combined cultural potential indicates that the five countries are able to implement projects on a different scale collectively and skillfully. Cultural contacts between the BRICS countries are developing, and their societies are learning to plan the future of the world.
Political
The BRICS countries have emerged as the main agents for addressing global challenges, and they are not forced to pursue goals that are contrary to their political and economic interests.
Companies from BRICS are collaborating on global development initiatives, while the alliance’s political subsystem supports its economic dominance.
One of the main reasons for these failures is the inefficiency of those attempting the transition, which results in an incapacity to respond to new challenges and choose a political or economic solution.
Integration
BRICS is an organization that contains China, Russia, India, South Africa and Brazil.
Is a team that combines powers to try to increase their political and economic power to beat new global issues
In scenario 4 (Corporation), instead of all members becoming integrated, each member became a political, technological and economic leader in its own regions and so assuming the responsibilities of all neighboring countries.
In scenario 3 (Union), the economy was very weak and the countries needed to try to integrate their economies.
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