Tag: BRIC
Going Down, BRIC By BRIC
The largest developing nations for the first time have the worst market opportunities as optimism for stronger growth shifts to the U.S. and Europe, according to a Bloomberg Global Poll. Read Here – Bloomberg
India’s Proverbial Frog In The Pot
Banking reforms alone, however, aren’t going to bring foreign investors back or prevent the rupee from falling further. This is (Raghuram) Rajan’s real challenge: He is stepping into a stew of financial chaos, missed opportunities and political paralysis that has been simmering for years. It’s no longer inconceivable that India could become the first of […]
The BRIC Breakdown
Is the decade-long BRIC dream over? Bloomberg reports that capital flight from Brazil, Russia, India, and China has sent their bonds, currencies, and stocks down together for the first time since 2006. Read Here – Businessweek
Can BRICs Play A Role In Syria?
If the BRICS states see the Syrian conflict less as a geopolitical chessboard and more through the eyes of a Syrian refugee, they will be able to involve themselves sincerely into this seemingly intractable and dangerous conflict. Read Here – The Hindu
Brazil’s WTO Win
Brazil, one of the world’s largest emerging markets, achieved a major diplomatic victory with the election this week of its candidate, Roberto Azevedo, as director-general of the World Trade Organization. In this heavily disputed election, involving 159 member countries, Brazil cashed in on a long campaign, cultivating support among the developing countries of Africa, Asia, […]
A Chinese Pivot?
Is China, under its new president, Xi Jinping, undertaking its own diplomatic pivot, parallel to the United States’ “pivot to Asia”? Xi’s first significant international initiatives – making Russia his first official visit abroad, followed immediately by his attendance at the BRICS summit in South Africa – suggest that China may be seeking to place […]
Back-To-Back Visits To Boost India-China Ties
India and China are working towards stacking up more confidence building measures (CBMs) during a period of frequent consultations that could lead to the first-ever back-to-back visits by the two Prime Ministers, in coming months. Both sides, according to informed sources, are currently finalising details of a visit by the new Chinese Premier, Li Keqiang, […]
New Strings Attached
China’s influence in Africa goes so deep that African leaders are starting to shape their own agendas after China’s. In February 2012, South African President Jacob Zuma gave his “state of the nation” speech in Cape Town, but he might as well have been in Beijing. “For the year 2012 and beyond,” he said, “we […]
The BRICS Expose the West’s Hypocrisy
Who do they think they are, these upstart economies, Brazil, Russia, India, China and South Africa? That might sum up the feeling in the U.S., Europe and Japan as the BRICS nations consider a new development bank that might challenge the World Bank and International Monetary Fund. The move brings to mind Alice Amsden, the Massachusetts Institute of Technology economist who died last […]
looking beyond borders 