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The emerging BRICS economies agree that the West should hold less sway in the global economy. But their leaders, despite regular summits, have failed to articulate a coherent vision because of divergent interests, says journalist Martin Wolf.
Courtesy: Saurabh Das/AP Photo
The 4th BRICS Summit in New Delhi has brought a new dimension to emerging markets. The author explains why the summit was perhaps the most significant of the BRICS meetings so far – and one that should have the developed world really worried about their eroding position at the top of the global heap.
What happens to Mumbai’s expanding slums? Why is India’s growth 15 years behind China? Gateway House’s Bob Dowling blogs after joining a discussion of urban planners and slum advocates in Mumbai on one day and a high-level International
Alisha Pinto interviewed Renu Modi, an expert on Indo-Africa relations, on South Africa and its role in the BRICS. She also discusses its ties with China, its climate change position, and foreign investments from BRIC countries.
India and Brazil have declared inclusive development an imperative and have engineered creative solutions to meet their developmental challenges. But both also face many obstacles to equitable development. Can the upcoming BRICS Summit in New Delhi help drive a new development agenda?
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While India’s mega-companies are only experiencing the beginning of Beijing’s accommodating bank policy, Brazil and Russia seem to have grown accustomed to Chinese money. Before they meet in New Delhi for the 2012 BRICS summit, it’s important to remember that China’s loans come with strings attached.
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After decades of impressive growth, China and India are slowing down; but the two situations couldn't be more different. The authors explain why the economic situation of these two emerging countries cannot be compared and why it's time for India to reform or get left behind.
Courtesy: Gateway House
The BRICS nations account for 45% of the world population, 25% of global GDP and 50% of recent global growth, and have the potential to create a future model. In 2012 Gateway House prepared a report that looks at the future of India and its BRICS counterparts
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Forty years ago, former President of the United States Richard Nixon made a visit to China that has perhaps changed the whole gamut of U.S.-China relations. In the following years, China witnessed the rise of a significant middle class and became the world's second largest economy.
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Despite recent regime changes and agitation in the Middle East, the international community's attention has been diverted from the Indian Ocean - via Maldives. After President Nasheed's forced resignation, the country is now in political turmoil.
