Commentary: A BRICS bank for the South
30 March 2013

Commentary: A BRICS bank for the South

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

Ministry Of External Affairs, India Courtesy: Ministry Of External Affairs, India
29 March 2013

Beijing banks on BRICS

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.

BRICS flags Courtesy: Government/ZA/Flickr
26 March 2013

A mandate for BRICS Bank

At the 5th BRICS Summit that begins in South Africa today, the heads of state of Brazil, Russia, India, China and South Africa are expected to ratify the creation of the BRICS Bank. After discussion and study for over a year by the respective governments, the bank will be launched with seed money estimated at between $50 billion to $100 billion, and most likely an equal share of voting rights for the management of the bank. What remains

Gateway House Courtesy:
15 March 2013

Shyam Saran: BRICS must deliver a Development Bank

The establishment of a BRICS Development Bank will be among the prime topics of discussion at the BRICS Summit on March 26. Gateway House’s Akshay Mathur interviews former Indian Ambassador and Foreign Secretary, Shyam Saran, on the prospects and viability of alternate financial architectures.

khurshid+chile Courtesy: Ministry Of External Affairs, India
8 February 2013

India-Chile: Transcending geography

Indian Foreign Minister Salman Khurshid’s February 5 visit to Chile and Argentina is emblematic of the new era in Indo-Latin America relations. What does this increased engagement mean for India and Chile, two rapidly growing economies of the Global South?

parliament Courtesy: Shwkyn231/Flickr
31 December 2012

India’s foreign policy: A year in review

The year 2012 has been a busy one for foreign policy: from escalating disputes in the South China Sea to alternate financial instruments from the emerging world. India’s foreign policy too has its shown strengths and weaknesses. We present our top foreign policy Hotspots, Sweet spots and Blind spots for 2012.

Broken BRICs Courtesy: Foreign Affairs
30 October 2012

Broken BRICs

There’s been much talk about the “the rise of the rest,” with Brazil, Russia, India, and China leading the charge. However, few countries can sustain unusually fast growth for a decade, and even fewer, for more than that. As the boom years begin to end, the international order won’t change as much as expected.

The message from the Venezuelan elections
11 October 2012

The message from the Venezuelan elections

Ambassador Viswanathan, an expert on Latin America, blogs about the Venezuelan elections, which saw a high turnout, free and fair elections, and Hugo Chavez re-elected as President. It is evident though, that Chavez’s model has reached its peak and is steadily and irreversibly losing appeal in the region.