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…
Professor turned politician: Ashraf Ghani.
EPA/S. Sabawoon
Friendship is rare and to call a person “friend” is a serious matter. It’s not complicated – it implies really looking forward to the next conversation with that person. It implies sharing ideas, hopes…
World Bank President Jim Yong Kim warns investors not to ignore climate risks.
EPA/Chris Kleponis
If you haven’t heard about the growing campaign for fossil fuel divestment, and what it means for both your retirement funds and for the global economy, it’s time to pay attention - because now even the…
A World Bank report gives a hopeful forecast for global growth.
Image sourced from www.shutterstock.com
The World Bank’s Global Economic Prospects report released this week is moderately optimistic about the short-term outlook of the global economy. World Bank economists anticipate an improvement in most…
Smiling now: Christine Lagarde ahead of the annual conference that brings together IMF and World Bank governors.
EPA/Shawn Thew
The International Monetary Fund and the World Bank will today begin their marathon three-day annual meeting in Washington D.C. to review the last year and set out strategies for the future. And while it…
What, you want all these new skyscrapers AND migrant rights?
Omar Chatriwala
This week the UN General Assembly is debating the global governance of international labour migration. This meeting is particularly timely, following reports of numerous deaths among Nepalese workers on…
From hot property to unwanted waste: it’s time to rethink the way we design, produce and reuse new products.
Obsolete computer image from www.shutterstock.com
Many of us get frustrated with the slow pace of international action on climate change. But powerless as we feel, we can still make a difference by rethinking the way we design our lives. Design is rarely…
The resources “curse” exists - and to avoid it, Australia must proactively strengthen its public institutions.
AAP
If Australia wants to avoid the “resources curse” it needs to proactively strengthen its institutions. Left unchecked, our increased reliance on the resource sector to drive the economy could lead to a…
Greece’s New Democracy party leader Antonis Samaras has gained sufficient votes to form a coalition - but there is a long way to go for Greeks yet.
AAP
Greece’s New Democracy leader Antonis Samaras begins the task of building a coalition after emerging as the front runner to form a government. Reports indicate New Democracy has narrowly beaten leftist…
Having more women in parliament might bring broad benefits.
AAP
Gender equality and female empowerment are development buzz words with bite. And with good reason. Researchers have shown gender inequality in education reduces economic growth and women are typically…
IMF head Christine Lagarde sees some positives in global economic growth: but we should be wary of broad projections.
AAP
The recent economic forecasts of the IMF and OECD about prospects for economic growth remind me of an aphorism about the economist who drowned while crossing a river he estimated that was, on average…
Brazil, Russia, China, India and South Africa: the building BRICS of a new world order in economics and foreign aid.
Blog do Planalto
On 29 March, the BRICS nations – Brazil, Russia, India, China and South Africa – will meet in New Delhi for their fourth annual summit. Representing 40% of the global population, 25% of global GDP, and…
Strong past productivity performance is not the best indicator of current performance.
AAP
As the Commissioners of the Fair Work Act Review work their way through the mountain of submissions, one of the most critical aspects they will be called on to consider is the relationship between labour…
BRIC countries want a say on who will replace departing World Bank chief, Robert Zoellick.
AAP
When World Bank President Robert Zoellick announced his resignation last week, a surprising number of names emerged as contenders for the Bank’s top job. Zoellick’s resignation doesn’t come into effect…
Celebrating: after being seen as a basket case for so long, Brazil’s economy is now powering.
AAP
Few countries have been left unscathed by the global financial crisis and it seems that they are all situated in the southern hemisphere. Brazil and Australia are some of them. Recently, their economies…
Professor of International Business Strategy & Emerging Markets at the University of Sussex Business School, and the Graduate School of Business, University of Cape Town