The new BRICS financial architecture: The path and practice of China's participation in global financial governance in the South

The book "New Financial Architecture of BRICS: The Path and Practice of China's Participation in Global Financial Governance in the South" is a comprehensive study of current shifts in the global financial system. The author provides a detailed analysis of the mechanisms of China's integration into global financial governance, emphasizing the creation of alternative financial institutions designed to consider the interests of developing countries in the southern hemisphere. The work examines both the theoretical foundations for reforming the global financial architecture and the practical experience of implementing initiatives within the BRICS grouping. The study demonstrates how the adoption of new financial strategies strengthens economic stability, counters traditional dominant models, and ensures a fairer distribution of resources in the face of global challenges. The author presents examples of successful cooperation between China and its BRICS partners, analyzing their impact on transforming the global economic system. Moreover, the book highlights the importance of adapting financial institutions to the new realities of globalization, noting the potential for the future development of alternative models of cooperation. This work will be useful to researchers, practitioners, and policymakers interested in exploring trends in global financial development and ways to modernize financial governance. The book is characterized by an interdisciplinary approach, combining elements of economics, political science, and international relations. By analyzing the dynamics of change, the author offers comprehensive recommendations for economic analysts and policymakers striving to build a sustainable global financial system. This work will become a valuable contribution to the study of modern financial processes, opening up new horizons.

ISBN 978-1-963992-37-3

DOI 10.25726/l7167-5612-5006-h