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It’s Time to Take the BRICS More Seriously

Image via Russian Ministry of Foreign Affairs.

As longtime readers of this column and listeners of our podcasts may know, I’ve been quite critical of the BRICS in recent years. Beyond the creation of a mid-sized development finance bank, this is a group with few other accomplishments to boast about in its 15-year existence.

The fact that two of its founding members, India and China, can barely talk to one another suggests that the BRICS initiative will not produce big things.

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