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United Nations Security Council to give developing nations a greater say in urgent
issues.”

Conclusion

The economic potential of the BRIC countries remains above-average and their market
situation in the mid-term and obviously, in the long-term is expected to improve.
This will
further deepen the global influence of the BRIC countries. However, it is possible
that for a

long time these countries will not play a role of the axis around which the global
economy

and politics will rotate. The economic dynamics of the BRIC countries can seem
impressive,

13 Global Influence of BRIC Countries by Ol’ga Slobodnikova and Renata Nagyova,


University of
Ostrava, Ostrava,Czech Republic, JSTOR.Pg 306 & 307

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06-06-2023

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