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

Slick-O-Bot/Wikimedia Commons Courtesy: Slick-O-Bot/Wikimedia Commons
21 March 2013

China to India: New president, old policy

The five-point formula put forth by newly-elected Chinese President Xi Jinping to bolster bilateral relations with India signifies once again that Beijing is increasingly going for a semblance of stability in relations with its largest neighbour, without making any strategic concessions on contentious issues.

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.

Gandhi jappalang wikicommons Courtesy: jappalang/WikimediaCommons
14 March 2013

The relevance of Gandhi in China today

In recent years, there has been a growing interest in Gandhian philosophy and values among Chinese citizens. Can the Mahatma’s philosophy of non-violence, social harmony, and environmental protection be applied to address issues facing present-day China?

obama Courtesy: Pete Souza/The White House
22 February 2013

The pacific pivot: A decade late and five years too soon

The announcement of the Pacific pivot by the U.S. in 2001 has led to several nations making bold political moves. However, the U.S. isn’t yet ready to be a regional protector against China. What does Washington have to do to prepare itself for the Pivot?