What Shapes The Future Of BRICS Nations?

Population demography/income: growing (absolute) segregation in education & income across the world; growing middle class in BRICS; growing income of younger population (=> market for consumer innovations); growth of unemployment due to technology modernization (vulnerability of low-skilled).

Economy & finance: slowing down of global economy (at least until 2018) => decline of capital availability => need to redirect capital flows => BRICS can become new source of finance (in 2020s); growth of South-South trade => opportunity to increase intra-BRICS trade (hence need for settlement mechanisms); BRICS can become new centers of competences (in 2020s) + combat rapid obsolesce of technologies (i.e. establish capacity in creation of manufacturing technologies).

Environmental management: Growing effect of climate change: growing effect of environmental destruction (due to agricultural & industrial activities, e.g. deforestation & destruction of bio-diversity); growing shift of energy balance towards renewable.

Increased role of non-state agents (corporations, NGOs, etc.): need to enhance business ties in BRICS (vs. geopolitical agenda); need to prevent risks of global terrorism.