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Purpose: International economic institutions occupy a great position at the level of global economies by providing great financial support to member countries. These institutions also seek to study their position at the international level and the extent of their capabilities to confront the crises that afflict developed and developing countries, as they have contributed to addressing the crises faced by the countries of the world. Since its inception and the repercussions and potential risks that threaten its economic stability. The study aims to achieve several goals, most notably studying the concept of international economic institutions and their implications for international economies, knowing the tasks of the International Monetary Fund and the World Bank regarding loan policies, and clarifying the implications and risks of loans provided by the Fund and the World Bank on the reality of global economies. Theoretical framework: To approve the hypothesis of the study and achieve its aims, a deductive approach is adopted starting from realistic constants in collecting data and facts, as well as adopting the descriptive analytical method in the study of international financial institutions. Design/methodology/approach: The impact of the chaos witnessed by the First and Second World Wars prompted the international financial institutions to assume the responsibility of managing the international monetary system and ensuring global economic stability through the application of policies to achieve this and address the deficit in the balance of payments of the member states of these institutions. Findings: The study hypothesized that despite the repercussions and risks of wars on developing and developed countries, the international financial institutions represented by the IMF and the world bank were able, through their tasks, to offer packages of loans to fill part of the deficit that these countries were exposed to, which enabled the countries to finance its

Originality/value: The BRICS bloc is one of the most important international economic blocs that plays an important role in the global economy, so most of them are moving towards obtaining an economic position that is commensurate with their natural capabilities and capabilities. Russia, India, China and South Africa, represent the emerging economies of the world, and these countries aim to overcome the hegemony of the US currency as a global reserve, and the BRICS group constitutes more than a quarter of global GDP and more than 16% of global trade and about 30% of the land area and 44% of the world's population and more than 40% of the world's energy production. Purpose: The study is aimed at knowing the formation of the BRICS bloc as an emerging economic force within its economic dimensions, showing the international economic system of the BRICS countries and their ability to confront international economic institutions, and analyzing the economic indicators of each member country to know the economic size of each country. Theoretical framework: the study has relied on the deductive approach starting from real constants in collecting data and facts, as well as adopting the descriptive analytical method in studying the international economic system and the economic components of the BRICS countries within its economic dimensions. Design/methodology/approach: it is proved that the BRICS contingent reserve arrangements to protect against global liquidity pressures, which include currency issues, have affected the members’ national currencies negatively due to global financial pressures. The economy is unstable and needs these potential reserves. The problem of the study emerges from certain questions including how strong the international economic system for the BRICS countries is and whether these countries were able to overcome global economic crises within their economic dimensions. Research, Practical & Social implications: The study hypothesized that the BR