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.
The world needs an alliance of leading well-being economies, a WE7, to lead it in the 21st century. It would be the first step towards a global network committed to a sustainable future for the planet.
Advocates of climate action have been saying it for years - we need to wean ourselves off fossil fuels completely. And now, the leaders of the world’s richest countries have started saying the same.
G7 leaders have pledged to help end the world’s fossil fuel use by the end of the century. It’s a laudable aim, but decarbonisation can and should be done by the middle, not the end, of this century.
Greece has undergone significant reforms in the last five years. A look at the effects on the country shows why Syriza’s rejection of further austerity is not unreasonable.
Imagine you’d organised a much-anticipated party but because of something you’d said or done nobody turned up? To dismiss the party in the first place would smack of sour grapes but this pretty much captures…
John Van Reenen, London School of Economics and Political Science; Anna Valero, London School of Economics and Political Science y Joao Paulo Pessoa, London School of Economics and Political Science
The latest data from the ONS show that the UK’s productivity gap with other G7 nations is at its widest since 1992. This bad news comes against the backdrop of increased optimism as the economy seems finally…
So what’s so special about this lot? Who decides which countries get to be in the gang? Can you get kicked out? How does it stack up against the G20? If spies were to listen in, would they hear anything…