Economic Strategies

Most companies try to catch up. The smartest ones skip the line entirely. That's the essence of a Leapfrog Strategy — instead of incrementally competing step-by-step with market leaders, you bypass entire stages of development by adopting newer technology or a fundamentally different approach.

"For decades, the international economic order has relied on the U.S. dollar and Western-controlled financial institutions. However, the 2007-2008 financial crisis has exposed vulnerabilities in the existing framework. BRICS states have increasingly questioned the sustainability of the current model and have sought to create mechanisms that reduce reliance on the U.S. dollar".