Courtesy: Wikipedia
The New Development Bank initiated by BRICS countries can reform and democratise global economic governance. But to reach this goal, in this critical period when the bank is preparing to operationalise, it must formulate an innovative institutional design. This article outlines four guiding principles for such a structure
Courtesy: Heinrich-Böll-Stiftung/Flickr
On 29 May, Buhari was sworn in as the next president of Nigeria, ending the presidency of Goodluck Jonathan. The mandate for Buhari indicates that Nigerians want a firmer hand in dealing with corruption, regionalism, and insurgency. It is now Buhari’s task to fulfil these hopes
Courtesy: Flickr/Heinrich-Böll-Stiftung
The upcoming Nigerian elections is set to be a defining one for the country. Rampant corruption and the terrorist threat from Boko Haram have dampened the economic and social climate. The world is watching keenly as for the first time in a decade it is unclear which party will emerge victorious
Courtesy: rediff.com
There is an emerging consensus among scholars and political analysts across the world that the 20th century advances in building democratic systems have run their course. It is in this context that AAP’s rapid rise to power might serve as a light-house of global significance—a beacon that guides others seeking to take democracy to a higher level and warns of treacherous rocks
Courtesy: MEA/Government of India
India’s engagement with Africa currently is trapped in a discourse from another era. With a change in governance structures and demographics, African countries are keen to elevate the level of trade and investment ties. India is in an advantageous position due to historical linkages but China and the U.S. are already ahead in the game
Courtesy: Wikimedia Commons
This year has seen a disturbing increase in brutal violence by terrorist groups across the world—the Islamic State in Iraq and Syria, Boko Haram in Nigeria and the Tehreek-e-Taliban in Pakistan. With non-traditional terror targets like Belgium, Canada and Australia also being attacked this year, 2015 could see a more lethal spread of jihadist terror
Courtesy: wikimedia
Globally, metropolitan cities are becoming powerful centres that sustain entire countries. In the case of Mumbai, the government can work backwards by stitching the infrastructure and governance together. The tried-and-tested technique is to host an international institution or event. Gateway House argues that Mumbai is most appropriate to be home to the headquarters of BRICS
Courtesy: Foreign Affairs
The Millennium Development Goals are set to expire at the end of 2015. The time is near for world leaders to make some hard choices, to decide on new targets which will offer the greatest returns on investment
Courtesy: wikimedia
The fall in oil prices is creating new complexities for the energy exporting economies of West Asia. With smaller profits, these countries may not be able to buy off political dissent at home and fund client governments and rebels abroad. Lower energy prices could also mean a renewed chance for peace
The Hong Kong student protests have brought back memories of the youth uprisings in West Asia. Gateway House debates the differences and similarities of these movements that have so dramatically changed our world – and more is yet to come. From Tahrir Square in Egypt to Hong Kong, social media has been the driver for change