Leading emerging economies within the BRICS alliance have acknowledged the necessity of establishing a new global governance framework, though consensus remains elusive on the specifics of what should take its place and the practical steps required to achieve it. While the bloc recognizes the limitations of the current international system, disagreements persist over the structural and economic reforms needed to create an alternative. Analysts suggest the challenge lies not just in vision but in coordinating diverse national interests and implementing systemic change. The discussion highlights both the ambition and the complexities of reshaping global power dynamics.
Brics members agree they need a new global order but it's harder to answer what should replace it and how to get there.
