brics bailing out europe piece Courtesy: www.kremlin.ru/Flickr
23 September 2011

BRICS bail-out of Europe: A far cry

In a reversal of historical roles, the BRICS nations may be coming to Europe’s rescue. During the Asian Financial Crisis, the International Monetary Fund (IMF) introduced structural adjustments in return for IMF loans, and many institutions and individuals went bankrupt. Will it be any different now?

sarah chayes article Courtesy: U.S.ArmedForces/WikimediaCommons
13 September 2011

Mafia-nation: State capture by criminal syndicates

Corruption has become a galling global phenomenon: structured, vertically-integrated networks, whose objective is the extraction of resources, are forming in countries around the globe. And strikingly, these structures are masquerading as democratically-elected, seemingly-open governments.

schengen spirit of openness Courtesy: FourthFloor/Flickr
23 June 2011

The Schengen spirit of openness

Despite their economic downturns, domestic tensions keep developed countries from embracing the revitalizing potential of foreign workers. Ambassador Neelam Deo argues that India should continue to leverage its history of diversity and capitalize on a world more open to the free flow of goods and services.

the latin road to arab democracy Courtesy: JonathanRashad/Flickr
17 June 2011

The Latin road to Arab democracy

As the Arab world remains engulfed in protests, there may be lessons to be learned from other recent democratic converts. Latin America’s growth story may provide the Arab world with some recommendations on how to address socio-economic issues in the post-revolution scenario.

brics leaders_210x140 Courtesy: dilmarousseff/Flickr
6 June 2011

BRICS: Convergence or dissonance?

As Europe stands united in its support for France's Finance Minister Christine Lagarde as a candidate to head the International Monetary Fund, many have begun to question if BRICS is truly an effective and united bloc. Will they be able to put forth a candidate all emerging countries can support?

christine lagarde_380x270 Courtesy: WorldEconomicForum/Flickr
31 May 2011

The IMF: Emerging economies aren’t ready for prime time

With the post for the head of the International Monetary Fund up for grabs, the emerging market countries are yet to unite and provide a suitable candidate who receives formidable support for his or her candidature. China, however, may boldly question the status quo and step ahead.