BRICS: Achievements and Failures

This article explores the achievements and failures of BRICS, the emerging economies bloc consisting of Brazil, Russia, India, China, and South Africa. It discusses how BRICS has created a National Development Bank, decentralized economic control, funded projects in Latin America and Africa, and more. The article also highlights criticisms of the bloc, including its lack of understanding of common policies, economic irregularities among member countries, and failure to address global concerns such as climate change and terrorism.