Success story: BRICS
Nowadays, the greatest measure of the economic success of a country and/or group of countries on a global scale is actually gross domestic product per capita (GDP). And one of the most successful economic or economic stories of such success is the international economic group BRICKS. BRICS was originally founded by Brazil, Russia, India and China and was called BRIC before South Africa joined. Slowly after 2000, this economic grouping recorded exceptional economic successes until 2022. Their GDP in that year amounted to 26.6 trillion US dollars, which is 26.2% of global GDP. All of these countries are also members of the G20 and are said to be more successful than the G7, which consists of Canada, France, Germany, Italy, Japan, Great Britain and the United States. This is precisely why there are increasingly loud predictions that there will be a new redistribution of economic power or economic superpowers on a global scale. First, it is necessary to know the bas...