A picture is worth a thousand words they say. The photo below is culled from a New York Times article on the recent BRICS Summit in March, and discussions about establishing a BRICS Development Bank, to challenge the World Bank and the International Monetary Fund. The article basically highlights how difficult it would be for the BRICS to create this bank given their political, social and economic differences, and this photo says it all.
One interesting paragraph in particular says:
“The developing countries in the bloc hardly invest in one another, preferring their neighbors and the developed world’s major economies…”
“BRICS Bank to Herald End of International System?” by Andy Lagenkamp for Huffington Post
“The BRICS are Building a Challenge to Western Economic Supremacy” by Radhika Desai for The Guardian