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VOL. 11, ISSUE 6 (2025)
Changing power structure of the Global South and the rise of BRICS: An analysis after 2014
Authors
Shashank yadav
Abstract
The global distribution of power has undergone
significant shifts since 2014, largely due to the strengthening role of the
Global South and the growing institutional presence of BRICS—Brazil, Russia,
India, China, and South Africa. This paper critically examines how emerging
economies, driven by demographic growth, economic diversification, digital
transformation, and geopolitical assertiveness, are increasingly shaping global
governance norms. It analyzes BRICS’ expanded economic, political, and
institutional engagements after 2014, including the formation of the New
Development Bank (NDB), Contingent Reserve Arrangement (CRA), expanded
membership in 2023–24, and initiatives aimed at reforming traditional
institutions like the IMF and the World Bank. Using a qualitative analytical
framework based on secondary data, policy documents, and literature, the paper
shows that BRICS—while heterogeneous—represents the most influential
institutional platform of the Global South. It concludes that the emerging
power structure is more polycentric, contested, and institutionally pluralistic
than before, reflecting an ongoing shift toward a post-Western international
order.
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Pages:87-89
How to cite this article:
Shashank yadav "Changing power structure of the Global South and the rise of BRICS: An analysis after 2014". International Journal of Humanities and Social Science Research, Vol 11, Issue 6, 2025, Pages 87-89
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