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
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
Vietnam has the highest level of bilateral relationship—or ‘Comprehensive Strategic Partnership’—with three countries: China, Russia and India. It envisages a much more active role in the region for India, but many factors mar such a development currently
Three epoch-making events in 2016 are continuing to have global repercussions. They were: Brexit, China’s rubbishing of the July verdict of the Permanent Court of Arbitration after it rejected its claims on disputed islands in the South China Sea, and Trump’s election. This article, the prologue to a book-in-progress, The Hinge Year – Geopolitical Dislocations and Dispersals, outlines how these events intersect with transformed geoeconomic realities
India seems to have departed from catch-all, overarching initiatives in Africa to rather more nuanced ways of making its contribution felt, such as helping fashion G20’s ‘Compact with Africa’. Many countries are also keen to avail of Indian companies’ knowledge and experience of investing in Africa and the presence of the large diaspora—and such trilateral cooperation is to be welcomed
The G20’s response to the economic crisis was effective, the expansion of its scope was logical. This week’s Summit in Argentina is an opportunity to build consensus and deliver on concrete economic policy design
The 17th Summit of the Shanghai Cooperation Organisation is being held in Astana this week at which Prime Ministers Narendra Modi and Nawaz Sharif will be present. But no meeting is likely to take place between them--and even if it does, it will not advance peace between the two countries
This regional grouping, which was envisioned as a potential bridge between SAARC and ASEAN, turns 20 on June 6. It achieved very little until last year, when efforts to revive its original mission began quite by accident. It has the potential to make greater strides if member states adhere to their commitments.
Trump’s first foreign visit to West Asia and Europe brought home what the president means by “America First” even as he stands accused of committing two major foreign policy transgressions
The IMF spring meetings on April 21-23 will take place amidst good news of the global economy moving into a better position. But the underlying fundamentals are still weak both in advanced countries and emerging markets, with the risks considerable. Economic policy makers must recognise and address the challenges with global consensus and multilateral actions