<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE root>
<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">BRICS+: Current Agenda</journal-id><journal-title-group><journal-title xml:lang="en">BRICS+: Current Agenda</journal-title><trans-title-group xml:lang="ru"><trans-title>БРИКС+: актуальная повестка</trans-title></trans-title-group></journal-title-group></journal-meta><article-meta><article-id pub-id-type="publisher-id">50281</article-id><article-id pub-id-type="edn">ETKQOH</article-id><article-categories><subj-group subj-group-type="toc-heading"><subject>WORLD ECONOMY</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">The Rising Role of BRICS+ in Shaping a Multipolar Economic Order</article-title><trans-title-group xml:lang="ru"><trans-title>Возрастающая роль БРИКС+ в формировании многополярного экономического порядка</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-0804-8039</contrib-id><name-alternatives><name xml:lang="en"><surname>Chupin</surname><given-names>Alexander L.</given-names></name><name xml:lang="ru"><surname>Чупин</surname><given-names>Александр Леонидович</given-names></name></name-alternatives><bio xml:lang="en"><p>PhD in Economics, Associate Professor, Leading Researcher, Deputy Dean for Research of the Faculty of Economics</p></bio><bio xml:lang="ru"><p>кандидат экономических наук, доцент, ведущий научный сотрудник, заместитель декана по научной работе экономического факультета</p></bio><email>chupin-al@rudn.ru</email><xref ref-type="aff" rid="aff1"/></contrib><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-7897-7028</contrib-id><name-alternatives><name xml:lang="en"><surname>Ragas</surname><given-names>Abdelaal Ahmed Mostafa Ahmed</given-names></name><name xml:lang="ru"><surname>Рагас</surname><given-names>Абдельааль Ахмед Мостафа Ахмед</given-names></name></name-alternatives><bio xml:lang="en"><p>Professor at the Department of Accounting and Finance</p></bio><bio xml:lang="ru"><p>профессор кафедры бухгалтерского учета и финансов</p></bio><email>bbur50@yahoo.com</email><xref ref-type="aff" rid="aff2"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">RUDN University</institution></aff><aff><institution xml:lang="ru">Российский университет дружбы народов</institution></aff></aff-alternatives><aff-alternatives id="aff2"><aff><institution xml:lang="en">United Arab Emirates University</institution></aff><aff><institution xml:lang="ru">Университет Объединенных Арабских Эмиратов</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2025-12-15" publication-format="electronic"><day>15</day><month>12</month><year>2025</year></pub-date><volume>1</volume><issue>1</issue><issue-title xml:lang="en">VOL 1, NO1 (2025)</issue-title><issue-title xml:lang="ru">ТОМ 1, №1 (2025)</issue-title><fpage>24</fpage><lpage>33</lpage><history><date date-type="received" iso-8601-date="2026-05-21"><day>21</day><month>05</month><year>2026</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2025, Chupin A.L., Ragas A.A.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2025, Чупин А.Л., Рагас А.А.</copyright-statement><copyright-year>2025</copyright-year><copyright-holder xml:lang="en">Chupin A.L., Ragas A.A.</copyright-holder><copyright-holder xml:lang="ru">Чупин А.Л., Рагас А.А.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">https://creativecommons.org/licenses/by-nc/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://bricsplus-j.ru/BRICSplusJournal/article/view/50281">https://bricsplus-j.ru/BRICSplusJournal/article/view/50281</self-uri><abstract xml:lang="en"><p>In recent years, BRICS has evolved into a key platform for rethinking the architecture of the global economy. The expansion to the BRICS+ format has enhanced the bloc’s potential by incorporating new centers of economic growth into the international system. Underconditionsofgrowinguncertainty,geo-economicfragmentation,andaccelerateddigitalization,theneedforsustainablemodels of cooperation that can balance the interests of member states has become increasingly urgent. The purpose of this study is to identify institutional and economic-mathematical factors that determine the prospects of BRICS+ as an alternative center of global governance. The methodological framework is based on a comprehensive approach that includes the analysis of macroeconomic indicators, a comparative study of trade and investment flows, institutional mechanisms, as well as scenario modeling of integration trajectories. The results demonstrate that BRICS+ is shaping a new path of international cooperation grounded in the principles of multipolarity, mutual respect, and sustainable development. The article highlights that the most promising areas for deepening cooperation include digital transformation, the transition to settlements in national currencies, and the development of green technologies. It concludes that strengthening the institutional foundations of BRICS+ can not only enhance the competitiveness of member states but also reshape the configuration of the global economic system.</p></abstract><trans-abstract xml:lang="ru"><p>БРИКС в последние годы превратился в ключевую платформу для переосмысления мировой экономической архитектуры. Расширение формата до БРИКС+ усилило потенциал объединения и позволило включить новые центры экономического роста в систему международных отношений. В условиях нарастающей неопределенности, геоэкономической фрагментации и ускоренной цифровизации возрастает необходимость поиска устойчивых моделей сотрудничества, способных обеспечить баланс интересов государств-участников. Цель настоящего исследования - выявить институциональные и экономометрические факторы, определяющие перспективы развития БРИКС+ как альтернативного центра глобального управления. Методологической основой работы выступает комплексный подход, включающий анализ макроэкономических индикаторов, сравнительное исследование торгово-инвестиционных потоков и институциональных механизмов, а также моделирование сценариев интеграционного взаимодействия. Результаты исследования демонстрируют, что БРИКС+ формирует новую траекторию международного сотрудничества, опирающуюся на принципы многополярности, взаимного уважения и устойчивого развития. Исследование показывает, что ключевыми направлениями углубления кооперации могут стать цифровая трансформация, переход к расчетам в национальных валютах и развитие зеленых технологий. В результате делается вывод, что институциональное укрепление БРИКС+ способно не только повысить конкурентоспособность стран-участников, но и изменить конфигурацию глобальной экономической системы.</p></trans-abstract><kwd-group xml:lang="en"><kwd>BRICS</kwd><kwd>BRICS+</kwd><kwd>international integration</kwd><kwd>sustainable development</kwd><kwd>multipolarity</kwd><kwd>institutional transformation</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>БРИКС</kwd><kwd>БРИКС+</kwd><kwd>международная интеграция</kwd><kwd>устойчивое развитие</kwd><kwd>многополярность</kwd><kwd>институциональная трансформация</kwd></kwd-group><funding-group/></article-meta><fn-group/></front><body></body><back><ref-list><ref id="B1"><label>1.</label><mixed-citation>International Monetary Fund (IMF). (2024). World Economic Outlook: Navigating Global Divergences. https://www.imf.org/en/publications/weo/weo-database/2024/october</mixed-citation></ref><ref id="B2"><label>2.</label><mixed-citation>World Bank. (n.d.). World Development Indicators. The World Bank Group. https://databank.worldbank.org</mixed-citation></ref><ref id="B3"><label>3.</label><mixed-citation>Statista. (2024). BRICS Share of Global GDP Based on PPP from 2000 to 2024. https://www.statista.com</mixed-citation></ref><ref id="B4"><label>4.</label><mixed-citation>SWIFT. (n.d.). RMB Tracker: Monthly Reporting and Statistics on Renminbi Progress. https://www.swift.com</mixed-citation></ref><ref id="B5"><label>5.</label><mixed-citation>ING Think. (2024). Global Trade and Finance: De-Dollarisation Trends. ING Research. https://think.ing.com</mixed-citation></ref><ref id="B6"><label>6.</label><mixed-citation>BRICS (2023). Joint Statistical Publication. https://rosstat.gov.ru/storage/mediabank/BRICS%20Joint%20Statistical%20Publication-2023.pdf</mixed-citation></ref><ref id="B7"><label>7.</label><mixed-citation>UNCTAD. (2023). World Investment Report 2023: Investing in Sustainable Energy for All. United Nations. https://unctad.org/system/files/official-document/wir2023_en.pdf</mixed-citation></ref><ref id="B8"><label>8.</label><mixed-citation>O’Neill, J. (2001, November 30). Building Better Global Economic BRICs (Goldman Sachs Global Economics Paper No. 66). Goldman Sachs.</mixed-citation></ref><ref id="B9"><label>9.</label><mixed-citation>Armijo, L.E., &amp; Roberts, C. (2014). The emerging powers and global governance: why the BRICS matter. In R. Looney (Ed.), Handbook of Emerging Economies (pp. 503-524). Routledge. https://doi.org/10.4324/9780203108765</mixed-citation></ref><ref id="B10"><label>10.</label><mixed-citation>Duranton, G., &amp; Puga, D. (2020). The Economics of Urban Density. Journal of Economic Perspectives, 34(3), 3-26. https://doi.org/10.1257/jep.34.3.3</mixed-citation></ref><ref id="B11"><label>11.</label><mixed-citation>Eichengreen, B. (2019). Globalizing Capital: A History of the International Monetary System (3rd ed.). Princeton University Press.</mixed-citation></ref><ref id="B12"><label>12.</label><mixed-citation>Asia House. (2023, October 24). The Renminbi Overtakes the Euro as a Trade Settlement Currency as its Use in Global Trade Finance Accelerates. https://www.asiahouse.org/research-analysis/the-renminbi-overtakes-the-euro-as-a-trade-settlement-currency-as-its-use-in-global-trade-finance-accelerates</mixed-citation></ref><ref id="B13"><label>13.</label><mixed-citation>Stuenkel, O. (2015). The BRICS and the Future of Global Order. Lexington Books.</mixed-citation></ref><ref id="B14"><label>14.</label><mixed-citation>Kose, M.A., Sugawara, N., &amp; Terrones, M.E. (2020, March). Global Recessions. World Bank Group. Prospects Group.</mixed-citation></ref></ref-list></back></article>
