EPISODE · Jan 7, 2025 · 25 MIN
BRICS grows, adding Indonesia as member: world's 4th most populous country, 7th biggest economy
from Geopolitical Economy Report · host Ben Norton
BRICS keeps expanding. As a new full member, it added Indonesia, the 4th most populous country with the 7th largest economy on Earth. BRICS now has 10 members and 8 partners. Together they make up 41.4% of global GDP (PPP) and roughly half the world population. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=tIDWOWHW-cU Sources and links here: https://geopoliticaleconomy.com/2025/01/07/brics-adds-indonesia-member-economy/ Check out our related report on BRICS' plan to challenge US dollar domination by creating a multi-currency financial system: https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar/ Topics 0:00 BRICS expansion 0:51 Map of BRICS membership 1:11 List of BRICS members & partners 1:47 BRICS share of world economy 2:27 BRICS vs G7 3:44 Indonesian economy bigger than UK & France 4:41 Indonesia's BRICS invitation 6:05 Global South cooperation 6:56 China supports Global South 7:29 Non-Aligned Movement & Bandung Conference 8:31 US-backed coup against Sukarno 8:58 CIA-sponsored massacres 9:53 ASEAN prefers China over USA 11:07 Philippines allies with USA 12:08 Indonesia calls China & Russia friends 13:52 China is Indonesia's largest trading partner 14:17 China is ASEAN's largest trading partner 14:39 Nickel production 15:32 Indonesia industrializes with China's help 21:53 BRICS cooperation 23:43 De-dollarization 24:46 Outro
What this episode covers
BRICS keeps expanding. As a new full member, it added Indonesia, the 4th most populous country with the 7th largest economy on Earth. BRICS now has 10 members and 8 partners. Together they make up 41.4% of global GDP (PPP) and roughly half the world population. Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=tIDWOWHW-cU Sources and links here: https://geopoliticaleconomy.com/2025/01/07/brics-adds-indonesia-member-economy/ Check out our related report on BRICS' plan to challenge US dollar domination by creating a multi-currency financial system: https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar/ Topics 0:00 BRICS expansion 0:51 Map of BRICS membership 1:11 List of BRICS members & partners 1:47 BRICS share of world economy 2:27 BRICS vs G7 3:44 Indonesian economy bigger than UK & France 4:41 Indonesia's BRICS invitation 6:05 Global South cooperation 6:56 China supports Global South 7:29 Non-Aligned Movement & Bandung Conference 8:31 US-backed coup against Sukarno 8:58 CIA-sponsored massacres 9:53 ASEAN prefers China over USA 11:07 Philippines allies with USA 12:08 Indonesia calls China & Russia friends 13:52 China is Indonesia's largest trading partner 14:17 China is ASEAN's largest trading partner 14:39 Nickel production 15:32 Indonesia industrializes with China's help 21:53 BRICS cooperation 23:43 De-dollarization 24:46 Outro
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BRICS grows, adding Indonesia as member: world's 4th most populous country, 7th biggest economy
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