Monday, December 2, 2024

Can BRICS Create a Multipolar World? — Fadhel Kaboub (MMT economist)

Decolonize to Dedollarize!

I’m often asked whether BRICS is going to be the game-changer that will disrupt the current geopolitical hierarchy, dedollarize the system, and create a new multipolar word. My position has always been that we can’t dedollarize a system that hasn’t been structurally decolonized yet, and that no new multipolar world can be born without Africa and the rest of the Global South being repositioned away from the bottom of the global hierarchy and at the center of a New International Economic Order.…
Global South Perspectives—Reflections & Analysis by Fadhel Kaboub
Can BRICS Create a Multipolar World?
Fadhel Kaboub, Associate Professor of economics at Denison University (on leave) and President of the Global Institute for Sustainable Prosperity. He currently serves as the Under-Secretary-General for Financing for Development at the Organisation of Educational Cooperation in Addis Ababa, Ethiopia.He also held a number of research affiliations with the Levy Economics Institute, the John F. Kennedy School of Government at Harvard University, the Economic Research Forum (Cairo), Power Shift Africa (Nairobi), and the Center for Strategic Studies on the Maghreb (Tunis). Fadhel is Tunisian-American MMT economist. Ph.D. in Economics & Social Science Consortium, 2006, University of Missouri - Kansas City. M.A. in Economics, May 2001, University of Missouri - Kansas City. B.S. in Economics, June 1999, with Distinction

3 comments:

mike norman said...

"decolonized"

You know where he stands.

Matt Franko said...

https://www.rsbnetwork.com/news/trump-warns-of-100-percent-tariffs-against-brics-countries-trying-to-devalue-us-dollar/

David said...

The multi-polar thing looks pretty much dead in the water with the collapse of Syria.