Courtesy: Themba Hadebe/AP
The G20 Summit in Johannesburg ended on a widely-shared sense of satisfaction and achievement, with the Global South’s perspective well-articulated, but divergent from some in the Global North. Now the G20's challenge is to restore its unity and credibility by working toward reconciliation with its next president, the U.S. Can India enhance its credibility and influence as a North-South bridge-builder?
Courtesy: Gateway House
U.S. health secretary Robert Kennedy Jr. called the World Economic Forum a “billionaires’ boys club” imposing totalitarian controls. Indeed, since 1971, the elite platform shaped geopolitics. But its Western-centricism kept out the concerns of the rest. This gave rise to alternative forums, which look beyond financial agendas to the perspectives shaping the Global South. Here are 45 of biggest, half of which began just two decades ago.
Courtesy: UNDP
The G20 Summit in Johannesburg in November will close four years of developing countries holding the grouping’s Presidency. It has left a positive imprimateur on the G20. The next President, the U.S., will inherit a more diverse body, with equal attention being given to issues of the Global North and the Global South.
Courtesy: Gateway House
On December 1, 2023, India will hand over the G20 Presidency to Brazil. The G20 troika will now comprise the three IBSA countries – India, Brazil, South Africa – till November 2025. This trio has an agenda in common and with the G20, such as multilateral reform, energy transitions and digitalisation. IBSA should use its mechanisms and natural solidarity to advance the interests of the Global South.
Courtesy: Fox News
The decision to invite six countries — Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE — to join BRICS as full members has opened the grouping to a new geopolitical era. India can now play a seminal but challenging role in this evolved dynamic, given its growing cooperation with the West on the one hand and its active pursuit of the interests of the Global South on the other.
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The BRICS Summit in Johannesburg has drawn international attention to the grouping’s past record of achievements and failures, its strained internal dynamics, and new challenges. As BRICS heads into its 18th year, its success and way forward will depend on the members’ ability to tackle the principal challenge of retaining its internal solidarity while balancing expansion and its impact and influence in the world.
Courtesy: Lowy Institute
The 15th BRICS summit is set to take place on August 22-24 in Johannesburg. Against a backdrop of escalating global tensions, the summit's agenda encompasses crucial topics including greater representation of the Global South, reform of MDBs, and geopolitical flashpoints like the Ukraine crisis. The summit's outcomes will extend beyond the grouping and redefine the landscape of international cooperation among emerging economies.
Courtesy: Asia Times
After many early achievements, BRICS is now in gridlock, made worse by the COVID-19 pandemic, India-China border tensions, and the Ukraine conflict. Despite its apparent diplomatic bankruptcy, 19 countries across Africa, Asia, and Latin America are eagerly waiting in line to join the grouping.
Courtesy: PTI
The consecutive Presidencies of the G20 for India, Brazil and South Africa provides a rare, unique opportunity to forge an agenda common to both the G20 and IBSA. The timing is coincident: with Russia and China consumed by conflict and zero-Covid respectively, BRICS has receded. IBSA can convert both crises into an opportunity and become relevant to the Global South’s current and future challenges.
Courtesy: Narendra Modi/Facebook
India will be president of the G20 in 2023. The world’s most influential economic governance body is facing an existential crisis, where the major powers have fallen out. With geopolitical currents redefining geo-economics, India needs to be ready to emerge as the chief global diplomat.