Episode 325: BRICS and the Economic Role of Emerging Global Powers with Mihaela Papa
Coordinated and Produced by Elisa Garbil
In this episode host Dominic Bowen unpacks the growing influence, and mounting challenges, facing BRICS as the bloc expands and expectations rise with Mihaela Papa.
From Brazil’s 2025 presidency and AI regulation to climate finance, payment systems, and the realities of de-dollarisation, the discussion cuts through the headlines to examine what BRICS+ is actually delivering, and where structural risks remain. The episode also explores cooperation among expanded members, tensions around UN reform, and what meaningful success could look like in 2026.
Mihaela Papa is Director of Research and a Principal Research Scientist at the Center for International Studies at the Massachusetts Institute of Technology, where she leads the BRICS Lab. Previously, she led the Rising Power Alliances project and taught sustainable development and global governance at the Fletcher School at Tufts University. She has published extensively on geopolitics, BRICS convergence, BRICS-US relations, and questions of global leadership, and climate diplomacy. Her analysis and commentary have appeared in World Politics Review, Foreign Affairs, and The Conversation, as well as on Bloomberg, BBC, CNN, News 24, the South China Morning Post, and other media outlets.
The International Risk Podcast brings you conversations with global experts, frontline practitioners, and senior decision-makers who are shaping how we understand and respond to international risk. From geopolitical volatility and organised crime, to cybersecurity threats and hybrid warfare, each episode explores the forces transforming our world and what smart leaders must do to navigate them. Whether you’re a board member, policymaker, or risk professional, The International Risk Podcast delivers actionable insights, sharp analysis, and real-world stories that matter.
The International Risk Podcast is sponsored by Conducttr, a realistic crisis exercise platform. Conducttr offers crisis exercising software for corporates, consultants, humanitarian, and defence & security clients. Visit Conducttr to learn more.
Dominic Bowen is the host of The International Risk Podcast and Europe’s leading expert on international risk and crisis management. As Head of Strategic Advisory and Partner at one of Europe’s leading risk management consulting firms, Dominic advises CEOs, boards, and senior executives across the continent on how to prepare for uncertainty and act with intent. He has spent decades working in war zones, advising multinational companies, and supporting Europe’s business leaders. Dominic is the go-to business advisor for leaders navigating risk, crisis, and strategy; trusted for his clarity, calmness under pressure, and ability to turn volatility into competitive advantage. Dominic equips today’s business leaders with the insight and confidence to lead through disruption and deliver sustained strategic advantage.
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