For decades,global economic rules were set by few wealthy Western democracies. But that order now faces challenges as emerging powers flex muscles. Group of Seven (G7) still holds sway,yet it's grappling with BRICS, which has grown and pushes for more Global South representation.
BRICS,nearly half the world's population,claims its place as voice for long-sidelined nations. This bloc isn't just big in numbers; it's key in global production,energy,raw materials. As these countries demand fairer share of governance,international relations shift.
And there's a third player: the middle powers. Not quite G7 or BRICS but significant. These nations navigate a tangled geopolitical web,adding complexity to global power competition .
The world wrestles with these shifts. Will G7 adjust to Global South's demands,or will it struggle to stay relevant in a multipolar world…?
