Courtesy: MEA/ Flickr
The ninth BRICS summit represented the victory of pragmatism over narrow nationalistic impulses. All BRICS members are likely to craft the grouping’s future script as it enters its second decade, but more crucially, the Big Three will have to show a large dose of statesmanship
Courtesy: Narendra Modi/ Flickr
BRICS, which has always been committed to enhancing solidarity, is now entering its second decade – even as tensions between its two most consequential members remain unresolved and member states and other emerging markets are set to serve as “the main engine” of global growth
Courtesy: Gateway House
The multi-polar world that BRICS nations seek is not a reality yet and the differences between them do exist. But the BRICS summit in September offers leaders an opportunity to examine a few important financial issues before they can dictate the global agenda
Courtesy: New York Times
Three epoch-making events in 2016 are continuing to have global repercussions. They were: Brexit, China’s rubbishing of the July verdict of the Permanent Court of Arbitration after it rejected its claims on disputed islands in the South China Sea, and Trump’s election. This article, the prologue to a book-in-progress, The Hinge Year – Geopolitical Dislocations and Dispersals, outlines how these events intersect with transformed geoeconomic realities
Courtesy: Prokerala
India seems to have departed from catch-all, overarching initiatives in Africa to rather more nuanced ways of making its contribution felt, such as helping fashion G20’s ‘Compact with Africa’. Many countries are also keen to avail of Indian companies’ knowledge and experience of investing in Africa and the presence of the large diaspora—and such trilateral cooperation is to be welcomed
Courtesy: G20
The G20’s response to the economic crisis was effective, the expansion of its scope was logical. This week’s Summit in Argentina is an opportunity to build consensus and deliver on concrete economic policy design
Courtesy: MEA/ Flickr
This regional grouping, which was envisioned as a potential bridge between SAARC and ASEAN, turns 20 on June 6. It achieved very little until last year, when efforts to revive its original mission began quite by accident. It has the potential to make greater strides if member states adhere to their commitments.
Courtesy: IMF/ Flickr
The IMF spring meetings on April 21-23 will take place amidst good news of the global economy moving into a better position. But the underlying fundamentals are still weak both in advanced countries and emerging markets, with the risks considerable. Economic policy makers must recognise and address the challenges with global consensus and multilateral actions
Courtesy: The Telegraph
President Trump’s “America First” rhetoric has eroded support for the commitments that leaders made at previous G20 summits regarding trade: rejecting protectionism and strengthening the multilateral trading system. What implications does this have for global trade? Will the more moderate voices in the administration get heard?
Courtesy: Computer World UK
Britain will begin its formal exit process from the European Union on March 29. Signs that the European Union will survive are clear: public opinion is turning finally in its favour. The European economy has resumed creating jobs, and the unemployment rate, although still high, is steadily declining. Yet, what remains of the project is likely to have a different animus