In this second episode of SAIIA’s World in Flux series, we examine BRICS through South Africa’s experience inside the group, using it as a window into what BRICS can realistically achieve, what it is unlikely ever to become, and why its rapid expansion has created both opportunity and friction.
What You Will Learn:
- Why South Africa, not the biggest emerging economy, was invited to join BRICS.
- What BRICS set out to do, beyond the myths of an “anti-West alliance.”
- How the New Development Bank offers real financing advantages.
- Why BRICS Pay matters, and why de-dollarisation is more constrained than headlines suggest.
- How expansion to Egypt, Ethiopia, Iran, the UAE and…
The Cape Floral Kingdom: This region is recognized as one of the world’s six floral
kingdoms, boasting an extraordinary diversity of plant species.
frosty snazz
Fun South African Fact: Some of the earliest evidence of human evolution has been unearthed at fossil sites northwest of Johannesburg in the Sterkfontein Caves! Archaeologists have discovered human remains here, some of which are more than 2 million years old! These discoveries have earned the area the title of “the Cradle of Humankind” which is now a UNESCO World Heritage Site.
Screwtape
Be careful of the man who stays calm and smiles in a crisis for he has already found someone to put the fault on.