Courtesy: Wikipedia
At a recent international seminar on BRICS Studies, in addition to the predictable themes such as building a multipolar world order and the One Belt One Road project, fresh ground was also covered, including the contours of the New Development Bank and the potential impact of the refugee crisis on BRICS countries.
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GLC Policy Conclave Session 1: The New Financial World Order Shashank Bengali (SB): So, Rajrishi, can you tell us basically what the circumstances were that led to the development of these new multilateral institutions? How did we get here? Read more
The Russian city of Ufa, capital of the Republic of Bashkortostan, played host to three major summits from July 8-10—BRICS, SCO and Russia's Eurasian Economic Union (EEU). Here are some of the characteristics and developments from the summit in numbers
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If, after nine years, BRICS remains a disparate grouping, and its trade and investment flows remain dismal, it is time to explore new avenues of cooperation to consolidate the alliance—and culture and education can provide the necessary cementing factor when combined with the New Development Bank
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: Wikimedia Commons
Petrobras, which rose to become the fourth largest company in the world, is now battling a serious corruption scandal that has left its reputation in tatters. How did this global oil major scale such heights spectacularly and and then fall so low? There are lessons in this for India’s public sector oil companies.
Courtesy: www.info7.com
The Pacific Alliance—Mexico, Colombia, Peru and Chile—is one of the newest and most vibrant regional groupings in Latin American. Apart from the liberal foreign trade policies of these countries, they also have higher growth and lower inflation rates than their neighbours. India’s trade with the grouping has been growing, and as an observer member of the bloc, there is scope for much deeper engagement.
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China's influence and presence in Latin America has grown rapidly in the form of trade and investment. China's growing presence is both a concern for Latin America and the U.S., which creates a window of opportunity for India
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The 14 March protests is the latest in a series against corruption in Brazil. While the government is acting, the political and economic environment will continue to deteriorate until it is rooted out.
Courtesy: http://jornalcorporativo.com/
Embraer started as a Brazilian public sector firm, and has debunked the fiction of the developed world being the source of high tech products for the less developed. Its success can be an inspiration for 'Make in India' aircrafts by Hindustan Aeronautics Limited