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Article . 2025
License: CC BY
Data sources: Datacite
ZENODO
Article . 2025
License: CC BY
Data sources: Datacite
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A COMPREHENSIVE ANALYSIS OF THE POTENTIAL IMPLICATIONS OF MONGOLIA JOINING BRICS

Authors: Lkhamtseden Badarch; Antony D. Miller;

A COMPREHENSIVE ANALYSIS OF THE POTENTIAL IMPLICATIONS OF MONGOLIA JOINING BRICS

Abstract

In the contemporary epoch of globalization, the expeditious growth of emerging economies is precipitating novel opportunities for transnational cooperation and investment. The establishment of regional economic cooperation and integration frameworks by nation-states is augmenting trade and investment flows, exemplified by the investment-driven collaboration among BRICS member states and contiguous countries. Mongolia, endowed with an abundance of mineral resources, is actively pursuing accelerated socio-economic development objectives and bolstering its international policy, affirming its role as a participant in regional and global development. Furthermore, this paper undertakes a comprehensive examination of the status, expectations, and potential implications of Mongolia's accession to this current ten-member organization. Through a critical analysis of the geopolitical and economic dynamics at play, this research aims to elucidate the transformative potential of Mongolia's integration into the BRICS+ framework, and its concomitant impact on regional economic cooperation, global governance, and the nation's socio-economic trajectory. This study will, therefore, determine why Mongolia should be a new member of the BRICS+ bloc.

Keywords

BRICS+, Mongolia, macroeconomics, policy, currency

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green
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