Understanding De-dollarization Among BRICS Nations: Systematic Review of the Factors and Fallout

Objective: this research paper reviews the political and economic factors surrounding the phenomenon of de-dollarization among the BRICS nations. Theoretical approach: de-dollarization refers to the strategic shift away from the United States dollar as the dominant currency in international trade an...

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Bibliographic Details
Main Authors: Samer Ajour El Zein, José Antonio Clemente-Almendros, Florin Teodor Boldeanu
Format: Article
Language:English
Published: Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) 2025-05-01
Series:RAC: Revista de Administração Contemporânea
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Online Access:https://rac.anpad.org.br/index.php/rac/article/view/1685
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Summary:Objective: this research paper reviews the political and economic factors surrounding the phenomenon of de-dollarization among the BRICS nations. Theoretical approach: de-dollarization refers to the strategic shift away from the United States dollar as the dominant currency in international trade and financial transactions. BRICS is a power group similar to the group of seven that features the five most important emerging economies, consisting of Brazil, Russia, India, China, and South Africa. Method: we used a systematic literature review method employing keyword search in Web of Science. Results: the resulting filtered publications helped us to get a comprehensive picture of the main factors and implications of the dedollarization process in those countries. Conclusion: based on these findings, we introduce new perspectives grouped into challenges, implications, and future lines of research.
ISSN:1415-6555
1982-7849