• GEO-ECONOMICS THE PERSPECTIVE OF BRICS AND THE AMERICA.

    Author(s):
    Joseph Ikhenoba (see profile)
    Date:
    2023
    Subject(s):
    United States, Political geography, Law, Democracy, Psychology, New York University. Center for War, Peace, and the News Media, Nobel Prize winners, Fiscal policy
    Item Type:
    Article
    Permanent URL:
    https://doi.org/10.17613/5k7p-pr42
    Abstract:
    The geo-political supremacy of the United States of America is under threat from the coalition of the BRICS countries. This coalition evolute from shrinking the American economy and design of a new world order. Several countries under the America imperialism complained over high loan rates, lack of infrastructures and exploitation of natural resources. Thes have caused unending shrinkage of their economies. Russia and China are now capitalizing on these loopholes. They have drawn closer to Africans and Asians economically than they have ever been. China is strongly attempting to displace the Americans from petrol-dollars. This in turn brings to table if the United States will accelerate and mend fences with their partners. It also draws to conclusion what can be done in this process. In this research work, I looked at the challenges faced by America in the current economic situation and how the BRICS are leveraging on this measure. But how long can America hold on to its supremacy, time will tell? KEYWORDS: Supremacy, exploitation, economy, petrol-dollars, infrastructure, coalition.
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    Status:
    Published
    Last Updated:
    3 months ago
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