The role of the emerging economies of Africa was discussed at the recent summit of the African Union. Africa’s resources are crucial to fuel such economic powerhouses as India, Brazil and China, and India must accelerate its trade and aid relationship with the continent.
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The collective GDP of countries in sub-Saharan Africa has grown at an average of 5% per annum since 2000, and is expected to grow faster in the future. Will the recent political reforms give the region a chance to sustain this boom in the coming years?
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
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.
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.
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?
India’s relations with Islamic nations, many of which are members of the Organisation of Islamic Cooperation (OIC), have become even more prolific over the last decade. While India does not visualise becoming a member of a religious international body, many reasons militate against our formally joining the OIC.
The nomination of Chuck Hagel for the post of the U.S. Defense Secretary has garnered severe criticism from Israel and the Jewish lobby. Given the geopolitical changes unfolding in the Middle East and the rest of Asia, what will Hagel’s assumption of office mean for Israel, India and the rest of the world?
Despite heavy opposition from several factions, Egyptian President Mohamed Morsi’s propositions for altering the constitution have been approved. Although the alterations have democratic elements, the liberals and secularists bear responsibility in taking forward Egypt’s journey to complete democracy.
India’s governance and newest social revolution, led by the country’s youth and middle class, is being watched by the world. But will the incumbent government be able to respond with emotion and convert the movement into tangible policies and institutionalise them? Manjeet Kripalani blogs