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Failures and Successes of the BRICS Alliance
This piece was originally posted by the Alliance for Citizen Engagement (Center). It was written by Christopher Krutz.
Background
Officially founded in 2009, BRICS is an informal, multilateral economic alliance between Brazil, Russia, China, India, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. The acronym “BRIC” (later adapted to include South Africa) was originally coined by Goldman Sachs economist Jim O’Neill in a 2001 paper...