"Brics: Struggling to Forge a Unified Global Leadership Vision"

The BRICS (Brazil, Russia, India, China, and South Africa) lacks the cohesion in values, geopolitical interests, and broad economic interests required to play a steering role for the global economy and act as an effective counterweight to existing structures. While China's dominant role in the group reflects its economic power, the BRICS members have divergent geopolitical interests and values, making it difficult for them to form a united front. Additionally, the idea of creating a BRICS global currency is unrealistic given the lack of compatibility among their economies and the renminbi's limitations. Overall, the BRICS lacks a positive agenda and is too diversified to assume global leadership.