Creating infrastructure for the New Development Bank is a milestone for BRICS
Written by Sanusha NaiduThe seaside resort of Fortaleza in the northern part of Brazil was the destination for the sixth summit for the Brazil, Russia, India, China and South Africa (BRICS) group of nations. Flying into the city, one would not be immediately aware it was playing host to this increasingly significant geo-strategic platform of the Global South. Daily life moved along routinely.
South Africa's changing economy in the context of BRICS
Written by Wolfe Braude
Ties with other emerging economies crucial
Written by Elizabeth Sidiropoulos and Christopher WoodAfter five years of introspection and institution building, the sixth BRICS summit offers an opportunity for the group to focus on its relations with the rest of the world. Relations with the Group of 7 (G-7) are particularly contentious. Russia's exclusion from the G-8 following the crisis in Crimea has moved the BRICS to the centre stage in Russian foreign policy thinking, and risks pulling the group onto an opposition…
Role of BRICS in African regional integration and development
Written by Memory DubeSouth Africa hosted the fifth BRICS Summit in Durban in March 2013. This summit was a first for South Africa and for the BRICS in more ways than one. Notable was the fact that it was the first summit held under a theme that went beyond the five BRICS members and resonated with the continent in which the Summit was being hosted. The theme for the Summit was, “BRICS and…
Both politics and economics behind proposed BRICS bank
Written by Christopher Wood
BRICS Trade & Economics Research Network Newsletter
Written by CUTS InternationalIn November 2011, a group of five like-mentioned organisations from among the BRICS group of countries came together in Shanghai, China to establish the BRICS Trade & Economics Research Network. They are: Fundação Getulio Vargas, Brazil; EcoAccord, Russia; CUTS International, India; Shanghai WTO Affairs Consultation Center, China; and South African Institute of International Affairs, South Africa.
BRICS Summit 2014: Materials, Guides and Interviews
Written by SAIIA
BRICS and Africa: A lot to be done yet
Written by Memory Dube
The BRICS New Development Bank and Contingent Reserve Arrangement at a glance
Written by Christopher WoodAs the BRICS meet in Fortaleza, Brazil from 14-16 July 2014, attention is once again on the group’s efforts to establish two new financial institutions: the New Development Bank and the Contingent Reserve Arrangement. Negotiations are underway on both and, while it remains uncertain that they will be officially launched in Fortaleza, substantial progress is expected to be announced at the summit.