Can Brics survive despite the current global economic environment?

BRICS (Brazil, Russia, India, China and SA) are currently experiencing slow economic growth and are facing political instabilities. Hence, both critics and supporters of the economic grouping are starting to question the survival of Brics’ progress and economic strength. The group’s economic giant, China, has also received criticism for its agenda as it has been pushing Pakistan, Laos and many Central Asia countries to agreeing to high interest projects that will deepen these countries’ debt. South Africa and Brazil have been pointed out for their corruption and political instability hence weakening investment confidence. The question we ask today is: Can Brics survive despite the current global economic environment? • Arina Muresan, researcher from the Institute for Global Dialogue (IGD • Cyril Prinsloo researcher from South African Institute of International Affairs (SAIIA) STUDIO • Dr Jaya Josie from the BRICS Research Centre, (HSRC).