A new equation is emerging between the BRICS countries and the informal grouping of the most industrialized economies, called the G8. The G8 has been reduced to G7 following Russia’s suspension. Of late, BRICS have taken an assertive stand against the G8 in economic as well as the geo-political fora
Courtesy: Foreign Affairs
When the average growth rate in emerging markets hit over seven percent a year in the last decade, forecasters hyped its implications. Today, more than five years after the financial crisis of 2008, the euphoria seems to have waned
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A recent UN report praises governments for promoting the right to food. At the same time, India’s Food Security Act will encounter resistance at the WTO meeting in Bali in December. Can India play an exemplary role in the global power struggle over food security?
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The India-Japan alliance needs to be viewed through a prism broader than that of "containing" China, and by treating the Indian and Pacific oceans as a single entity. Such an alliance has the potential to strengthen the geopolitical security of India and Japan, along with that of all their allies and associates
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Elections are meant to be a suitable recourse in democracies if citizens feel that the government does not represent them. However, the recent protests in Brazil, Turkey and India show that people feel political classes are too far removed from their every day realities to address their grievances
Courtesy: Blog do Planalto
The launch of the BRICS Universities League in Shanghai is an important effort for the five nations to understand each other and define their place in global governance
Courtesy: Legaleagle86/Wikimedia Commons
Policy Perspectives from Gateway House give an overview of a global issue that has implications for India’s policy-making and business community. This edition focuses on the global IPR framework and the need for new business models that can cater to public health concerns
Courtesy: NASA's Marshall Space Flight Center/Flickr
An increase in the global demand for rare earth elements, used in high-technology industries, coupled with limited supplies on Earth, has accelerated extra-terrestrial exploration. International cooperation and competition for these space-based resources will determine the next human footprint and race in space.
In 1990, the erstwhile South Commission recommended the creation of a 'South Bank' to aid the economic emancipation of the global South. Can the BRICS bank, which was discussed in length at the 5th BRICS Summit, provide a solution to the problems of the crisis-ridden African continent? Devaki Jain blogs
Courtesy: Ministry Of External Affairs, India
Indian foreign policy has not yet addressed the ramifications of Chinese economic dominance in BRICS. Nor have we matched China’s engagement within the group to ensure that the BRICS vision of a new international order for emerging economies actually works in their favour.