The Role of BRICS Cooperation: A Study on Economics and Geopolitical Impact of Indonesian Membership

Abstract

This study examines Indonesia’s membership in BRICS, focusing on its economic and geopolitical implications. It explores how cooperation within the BRICS framework can enhance trade, investment, and strategic partnerships, while positioning Indonesia as a key player in regional and global economic governance. With shifting global power dynamics and growing interest in emerging market alliances, understanding Indonesia’s role in BRICS is critical for shaping its economic strategy and geopolitical influence. The study primarily analyses macroeconomic indicators, trade flows, and policy frameworks related to Indonesia’s BRICS engagement, though it does not provide in-depth sectoral case studies or evaluate domestic political implications in detail. Key research questions addressed include how does Indonesia’s BRICS membership affect its trade and investment opportunities? What are the geopolitical benefits and challenges associated with this alliance? Using a qualitative and policy-analytical approach, the study draws on trade data, economic reports, and geopolitical literature. Comparative analysis with other BRICS member states evaluates Indonesia’s strategic positioning and the potential economic and diplomatic outcomes of its engagement. The findings suggest that BRICS membership offers Indonesia significant opportunities for trade expansion, investment inflows, and enhanced geopolitical influence, contingent on effective strategic and diplomatic engagement. Future research may examine sector-specific impacts, regional integration strategies, and Indonesia’s role in shaping BRICS policy frameworks to maximise economic and political benefits.