Articles on BRICS

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The rise of the BRICS countries is a case of political life imitating economic art. Reuters

BRICS herald new era in international political economy

The global recognition of BRICS – Brazil, Russia, India, China and South Africa – has not only led to their greater global political influence, but also reinforced their regional leadership.
Call centre workers in India. ILO in Asia and the Pacific

Offshore call centre work is breeding a new colonialism

The outsourcing of call-centre work to developing countries by Western companies has become a huge business. For many, it represents a positive force of globalisation, bringing not only cost benefits to…
Has the sun set on China’s property boom? Tao Wu via Flickr

Why fears of a Chinese property crash are overblown

The Chinese property market that has powered the country’s rapid economic growth for a decade and a half has suffered a contraction. This seems to confirm a popular pessimistic outlook that China’s property…
Squaring the circle. A microfinance self help group meet in a village near Pune, Maharashtra. Oxfam Australia

How do we save the soul of microfinance?

The introduction of hard-nosed private sector investment and the age-old pressures of social norms mean microfinance institutions are at risk of losing their social conscience – and both clients and staff…
Charting new waters. EPA/Alexey Druginyn/RIA Novosti/KREM

BRICS keep supporting Russia in bid to rebalance world power

While Western nations beef up economic sanctions and Nato discusses what stance to take toward Russia, the BRICS are maintaining tacit support for Moscow despite the Ukraine crisis. This is not entirely…
Xi Jinping’s tour through Latin American countries signals the time is right to reassess Chinese investment in Australia. AAP/EPA/Cubadebate

Xi Jinping’s Latin American tour harbours insights for Australia

Chinese President Xi Jinping has just returned from his second state visit to Latin America, having achieved what no other leader could. His dash through Argentina, Brazil, Venezuela, and Cuba has breathed…
Power broker. Vladimir Putin. Fernando Bizerra Jr/EPA

MH17 was a victim of the new cold war’s first proxy conflict

It remains to be seen precisely how and why the Malaysia Airlines Flight MH17 crashed over the territory of the self-proclaimed “Donetsk People’s Republic” in eastern Ukraine on Thursday. But whatever…
Does this mean Putin is the new Keynes? EPA

The BRICS plan for a new world order begins with a bank

Could history one day judge the latest BRICS summit as significant as the Bretton Woods conference of 1944? That is the hope of leaders from Brazil, Russia, India, China, and South Africa as they meet…
The fragile five economies have become surrogates for the developing world in meetings like the G20. Shutterstock

Explainer: the G20 and the fragile five

Financial markets love to come up with snappy acronyms – you have all heard of BRICS, but there are many others, with the “fragile five” being the latest. The BIITS - Brazil, India, Indonesia, South Africa…
Chinese language learning is happening but we need more. cawdvt

Boris is right, it’s time for us to learn Chinese

I found myself in wholehearted agreement with Boris Johnson, as he took the opportunity of his trip to China to express his opinion that British children should learn Mandarin. China has come a long way…

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