Lena Petrova: Multipolarity Wins as the Bloc Forms BRICS Parliament to Unite Emerging Economies

The world is witnessing a significant shift in global power dynamics. The traditional Western-dominated unipolar world order is gradually making way for a new, multipolar world order, where emerging economies are playing an increasingly important role. The latest example of this trend is the formation of the BRICS Parliament, which represents a major step towards the unification of emerging economies. The BRICS nations – Brazil, Russia, India, China, and South Africa – have long been recognized as the engine of global growth. Together, they account for approximately 25% of the world’s landmass, 40% of the world’s population, and nearly a…