https://en.sputniknews.africa/20250212/brics-states-seek-to-replace-g7-amid-western-serious-economic-foolishness-french-economist-says-1070618630.html
BRICS States Seek to Replace G7 Amid 'Western Serious Economic Foolishness,' French Economist Says
BRICS States Seek to Replace G7 Amid 'Western Serious Economic Foolishness,' French Economist Says
Sputnik Africa
Initially, when BRICS was created, there was a desire to represent groups seeking integration into the global world in order boost their development, a French... 12.02.2025, Sputnik Africa
2025-02-12T18:09+0100
2025-02-12T18:09+0100
2025-02-12T18:09+0100
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The BRICS states aim to become an alternative to the G7 amid "Western serious economic foolishness," researcher at the Centre for the Study of Industrialization Modes at the Paris-based School of Economic Warfare Helene Clement-Pitiot told Sputnik Africa.However, the West no longer serves as an economic model for the rest of the world, Clement-Pitiot emphasized.Such moves have prompted the BRICS to seek closer cooperation to ensure resilience in the face of these crises and Western incompetence and laxity, she concluded.
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BRICS States Seek to Replace G7 Amid 'Western Serious Economic Foolishness,' French Economist Says
Elizaveta Roschina
Writer/Editor
Initially, when BRICS was created, there was a desire to represent groups seeking integration into the global world in order boost their development, a French economist explained, adding that the association did not intend to present an alternative to the Western order, but rather to play a more active role on the global stage.
The BRICS states aim to become
an alternative to the G7 amid "Western serious economic foolishness," researcher at the Centre for the Study of Industrialization Modes at the Paris-based School of Economic Warfare
Helene Clement-Pitiot told
Sputnik Africa."The West is actually behind the change of strategy of the BRICS and their establishment as an alternative to the G7. And their emergence as an alternative to the G7 became necessary because the Western countries made serious economic mistakes," she said.
However, the West no longer serves as an economic model for the rest of the world, Clement-Pitiot emphasized.
"The West no longer appeared as a model and, indeed, it could become a danger for other countries because it did not manage the problems it had created, namely through excessive risk-taking in the markets and the thoughtless pursuit of predatory gains," Clement-Pitiot pointed out.
Such moves have prompted the BRICS to seek closer cooperation to
ensure resilience in the face of these crises and Western incompetence and laxity, she concluded.