BRICS Leave IMF and WTO: What are the alternatives? https://www.youtube.com/watch?v=omM52PEIgIQ Jul 19, 2024 the current structures of the IMF and WTO disproportionately favor developed countries and do not adequately represent the interests of the Global South ..the solutions proposed by the Global South to address these challenges. The BRICS nations, which include Brazil, Russia, India, China, and South Africa, are pushing for reforms that will better reflect the economic realities of the 21st century. They argue that . This includes calls for revising the IMF's quota system to give more weight to developing nations and for restoring the full functionality of the WTO's dispute settlement mechanism.
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