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Economic Potential and Future Development Trends of the BRICS Countries

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Salome Tsikelashvili

PhD student at Ivane Javakhishvili Tbilisi State University

Abstract

The article is dedicated to the analysis of the economic potential and development trends of the BRICS countries, which is becoming increasingly important when assessing the modern global economic architecture. The diversification of the global economy and the transformation of power centers are clearly expressed in the BRICS grouping, whose 10 member countries — Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates — represent a significant force in both manufacturing and international trade and investment. The article discusses the theoretical foundations of the economic potential of the BRICS, including economic growth models, resource allocation, and the ability to adapt to changes in global demand. Special emphasis is placed on international trade turnover, foreign direct investment dynamics and development trends in innovative sectors. The analysis is based on modern statistical data and reports of international organizations, which ensures the objectivity and reliability of the research. In addition, the article reviews the role of the BRICS countries in reducing global economic imbalances and promoting sustainable development. The focus is on how these countries are trying to promote inclusive growth and financial stability through the coordination and cooperation of their economic policies. The final section presents the main trends that determine the future economic positioning of the BRICS in the world market and highlights the challenges that must be addressed for their long-term development.

Keywords: BRICS, economic potential, development trends, international trade, investments

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The new Economist, No3, 2025, Vol. 20, Issue 3.

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Published Date:

11/10/2025

Article Views: 139