Courtesy: Government of South Africa/ Flickr
Internal political constraints dog it currently, but if overcome, South Africa can be a good chairman to BRICS and IORA in 2018. It also has a tough balancing act to perform between two great Asian powers, China and India
Courtesy: Independent
The camaraderie that Trump and Xi projected in November 2017 generated unease. At year end, Trump’s National Security Strategy did away with the multipolar niceties, but the challenges remain: for the U.S., it’s promoting rule of law while opting out of multilateral bodies. For China, it’s taking stock of how its image corresponds to reality
Courtesy: IMF/ Flickr
While the global economy is on an economic upswing, policy makers at the IMF, World Bank Annual Meetings 2017 recognised that a consistent framework is necessary to improve growth fundamentals, tackle rising debt, and address social and political concerns about rising inequities
Courtesy: IMF/ Flickr
The IMF/World Bank Annual Meetings, being held on October 12-15 will take place amidst news that the growth momentum of the global economy is being sustained, and the outlook looks better than it did during the Spring Meetings. How can a global consensus be developed to better address the growth fundamentals now that the global economy is strengthening?
Courtesy: Western Naval Command
China has expanded its presence in the Indian Ocean Region. President Xi Jinping has abandoned Deng Xiaoping’s conciliatory posture for an aggressive, money-fuelled search for super power status
Courtesy: Narendra Modi/ Flickr
BRICS, which has always been committed to enhancing solidarity, is now entering its second decade – even as tensions between its two most consequential members remain unresolved and member states and other emerging markets are set to serve as “the main engine” of global growth
Courtesy: Gateway House
The Indian government may block the acquisition of Gland Pharma by Shanghai Fosun Pharmaceuticals, a move that offers further confirmation of how China’s opaque business model is causing concern worldwide. This infographic shows some high-profile cases of acquisitions by Chinese companies that ran into local opposition
Courtesy: Pixabay
Once a laggard, Argentina is now a rising star in South America. Its economy is recovering, GDP growth is stable and financial reforms have taken hold. In 2018, it will host the presidency of the G20, its first step onto the global stage after over a decade in isolation. With Argentina’s G20 agenda fully aligned with India’s priorities, how can India gain?
Courtesy:
Mumbai and Buenos Aires are cities with a shared history of trading, business and entrepreneurship. The parallels are becoming more apparent now, with Buenos Aires expanding the ecosystem of support for business in innovative ways
Courtesy: Gateway House
The multi-polar world that BRICS nations seek is not a reality yet and the differences between them do exist. But the BRICS summit in September offers leaders an opportunity to examine a few important financial issues before they can dictate the global agenda