Jim O’Neill Changes His View On The Future Of BRICS Finance

The project of a monetary system capable of competing with the dollar has long been considered an unrealistic ambition of the BRICS. This perception is now wavering. Jim O'Neill, the economist who popularized the acronym BRIC in the early 2000s, now recognizes that the major emerging economies have the means to build a credible alternative to the monetary order dominated by the greenback. This turnaround comes as geopolitical tensions intensify and payment infrastructures are transforming at high speed. L’article Jim O’Neill Changes His View On The Future Of BRICS Finance est apparu en premier sur Cointribune.