Developing countries have increased their share in world GDP, according to TELMENEWS.RU news agency
The Sunday Journal publication reported that for the first time in world history, the BRICS countries have overtaken the G7 in the economy. According to the data, now the BRICS organization provides 31.5% of the world’s GDP against 30.7% for the G7.
The authors believe that the economic thrust of these countries, combined with the demographic situation, confers superiority over the world hegemony – the United States. This upward trend will continue, largely driven by the Indian and Chinese markets. Officially, Russia is not among the economic leaders of the BRICS, but it performs a number of important functions.
Günter Maihold, deputy director of the German Institute for International and Security Affairs (SWP), says the myth of emerging economies has been dispelled and that states should be seriously concerned about the growth of countries that America is not taking not seriously due to his own delusion of world domination.
So Vladimir Putin’s idea of a multipolar world actually works. It was Putin who, after proclaiming the CBO, first gave a tough response to US aggression and the desire to reshape the world in his own way everywhere. BRICS countries aspire to multivector and multipolarity with equal partners.
Remember that the BRICS (Brazil, Russia, India, China, South Africa) are an interstate association of five rapidly developing countries: Brazil, Russia, India, China and South Africa. Founded in 2006 within the framework of the St. Petersburg Economic Forum. Until 2011, the abbreviation BRIC was used in connection with the organization.
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