Article Info

Published 06 Nov 2025

Volume / Issue 1 / Issue 7

Pages 27–36

DOI

10.64823/ijter.2507005

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Open Access Research Article

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COMPARATIVE ANALYSIS OF SAARC, BRICS, G20, G7, QUAD, EU, AND SCO: DRIVING ECONOMIC RECOVERY IN THE GLOBAL SOUTH ECONOMY POST-COVID-19

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International Journal of Technology and Emerging Research 2025 , 1 (7) , 27–36

10.64823/ijter.2507005

Received: 27 Oct 2025 Published: 06 Nov 2025

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Cite this article

APA

Dr. Pratik Paun, & Dr. Komal Patel (2025). COMPARATIVE ANALYSIS OF SAARC, BRICS, G20, G7, QUAD, EU, AND SCO: DRIVING ECONOMIC RECOVERY IN THE GLOBAL SOUTH ECONOMY POST-COVID-19. International Journal of Technology and Emerging Research, 1(7): 27–36. https://doi.org/10.64823/ijter.2507005

MLA

Dr. Pratik Paun, et al. "COMPARATIVE ANALYSIS OF SAARC, BRICS, G20, G7, QUAD, EU, AND SCO: DRIVING ECONOMIC RECOVERY IN THE GLOBAL SOUTH ECONOMY POST-COVID-19." International Journal of Technology and Emerging Research, vol. 1, no. 7, 2025, pp. 27–36. https://doi.org/10.64823/ijter.2507005

Chicago

Dr. Pratik Paun, Dr. Komal Patel. "COMPARATIVE ANALYSIS OF SAARC, BRICS, G20, G7, QUAD, EU, AND SCO: DRIVING ECONOMIC RECOVERY IN THE GLOBAL SOUTH ECONOMY POST-COVID-19." International Journal of Technology and Emerging Research 1, no. 7 (2025): 27–36. https://doi.org/10.64823/ijter.2507005

BibTeX

@article{Dr. Pratik Paun2025comparative, author = {Dr. Pratik Paun and Dr. Komal Patel}, title = {COMPARATIVE ANALYSIS OF SAARC, BRICS, G20, G7, QUAD, EU, AND SCO: DRIVING ECONOMIC RECOVERY IN THE GLOBAL SOUTH ECONOMY POST-COVID-19}, journal = {International Journal of Technology and Emerging Research}, year = {2025}, volume = {1}, number = {7}, pages = {27–36}, doi = {10.64823/ijter.2507005}, }

Abstract

The COVID-19 pandemic precipitated unprecedented economic challenges, particularly for Global South nations, characterised by disrupted trade, constrained fiscal space, and heightened debt vulnerabilities. This study conducts a comparative analysis of seven major regional trade blocs and economic cooperation groups SAARC, BRICS, G20, G7, Quad, EU, and SCO evaluating their contributions to economic recovery in the Global South from 2020 to 2024. Leveraging authentic statistical data from sources such as the IMF, World Bank, and UNCTAD, the research examines trade volumes, foreign direct investment (FDI), development finance, and GDP growth impacts. Findings indicate that BRICS and G20 have been pivotal in fostering recovery through innovative financial mechanisms and inclusive multilateralism, while SAARC’s impact remains limited due to geopolitical constraints. The study underscores the need for coordinated global economic strategies to ensure sustainable recovery in the Global South.

Keywords: Global South Recovery, Multilateral Economic Cooperation, Post-COVID Trade and Finance

© 2025 The Author(s). Published by IORO Publications. This is an open-access article distributed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, distribution, and reproduction in any medium, provided the original author and source are credited, a link to the license is provided, and any changes are indicated.