BRICS goes into its eighth summit with lots of hurdles. Sanusha Naidu consideres its future prospects.
Articles on BRICS
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Attacks on the South African Reserve Bank and events in India that led to the exit of the governor of the country’s central bank are a warning that banks aren’t immune from political meddling.
The South African Reserve Bank has forecast zero percent growth for 2016. Some urgent steps are needed to get the country out of this hole.
South Africa’s response to the country’s economic woes has amounted to little more than band-aid treatment. Government must do more to set the economy on a solid growth path.
The BRICS bank is positioning itself to play a significant role in those areas in which the international financial institutions are seen to have failed.
Brazilian politics may be in turmoil but its economy is due an upswing.
There’s an old joke about Brazil that suggests that it’s the country of the future – and it always will be. For a while this looked to be an anachronistic, possibly racist stereotype that had been decisively…
Lula led an unprecedented shift in the country’s foreign policy towards the global South. He also helped elevate Brazil to the status of a global player. But, six years on, disillusionment reigns.
When it comes to the global political economy, no one “talks left and walks right” more than China, a dominant player in global capitalism. South African and Chinese aspirations have much in common.
The Shanghai composite index is proving to be one of the most volatile markets in the world and government regulation is having some unforeseen effects.
China’s economy is stuttering and the slowdown is set to continue.
The biggest factor behind the recessionary trend is not the Chinese market, austerity budgets, or even the threat of higher US interest rates this year.
The Chinese stock market plays a very different role in its economy to Western markets.
China’s slowdown will cast a long shadow for global economic growth from the Americas to Australia.
The Tianjin explosion may hurt the city’s economy. But it will hurt its corrupt officials more.
The history of a city that went up in flames.
The strategy of Brazil, Russia, India and China towards African development seems to be muddled with selfish national interests. Their focus is on areas critical to the growth of their economies.
Why the Chinese yuan took its biggest one-day loss in two decades.
Traditionally human rights are viewed as being indivisible, interdependent and interrelated. The notion that a company may need to choose which human rights it will protect is antithetical.
Shadow banking has helped fuel continued Chinese economic growth. But it could come back to bite if not brought into line.
Top contributors
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Professor of International Security, University of Birmingham
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Professor/Senior Research Fellow, Centre for Advancement of Scholarship, University of Pretoria
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Professor (International Relations), University of Johannesburg
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Professor of Political Economy, University of the Witwatersrand
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Associate Professor, China Studies Centre, University of Sydney
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Senior Lecturer in International Relations, University of Birmingham
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Senior Economist, IMD World Competitiveness Center, International Institute for Management Development (IMD)
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Executive Director of the Stone Center for Latin American Studies, Tulane University; King's College London
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Research Associate, Southern Centre for Inequality Studies, University of the Witwatersrand, University of the Witwatersrand
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Senior Researcher, University of South Africa
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Postdoctoral Research Fellow, University of the Witwatersrand
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Lecturer, University of Sussex
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Professor of International Relations, London School of Economics and Political Science
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Honorary Professor of International Relations, University of the Witwatersrand
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Professor of Practice in Economic Policy, University of Nottingham