The BRICS and their relationship with the two largest economies by Renato Baumann published by Ipea (6/2025).
“The pronounced growth of the Chinese economy in recent decades has allowed for an approximation of its production to the level recorded by the United States economy. China outperforms the US when national output is measured in terms of purchasing power parity, and there are estimates that this figure could surpass U.S. gross output in nominal terms within a few years…”
Latin America and the likelihood of influence of the BRICS by Renato Baumann published by Ipea (6/2025).
“A country’s foreign policy strategy depends on conjunctural conditions, but – above all – on structural elements of the economy, such as the availability of natural resources and a workforce compatible with what is required for production processes, the degree of competitiveness and the margin for gains in scale of the industrial sector, the institutional and legislative structure, among others. It also depends on the existence of favourable conditions for relations with other countries…”
