French President Emmanuel Macron has called a unique summit that aims to reset relations between Western countries and the Global South. But the message from China and Russia will be not to trust such diplomatic maneuverings.
Tag: world bank
Algeria faces a real risk or going bankrupt by 2029. How did it come to this, in one of the world’s leading hydrocarbon producers?
The Brazilian president, back in power after more than a decade later, has not lost his vision of a post-Western world in which the BRICS would occupy a central place. Lula’s visit to Beijing puts such a vision front and center on the global agenda.
YANGON — Burma is ready to boom. The Asia Development Bank estimates that per capita income in the southeast Asian country could increase sixfold by 2030. And another report predicts that the Burmese are poised for a level of economic growth far ahead of the global pace. The evidence of this newfound prosperity in Burma, officially known as Myanmar, is on full display at this Yangon shopping mall, where it’s easy to find products from Thailand or Hong Kong. Just two years ago, none of this would have been possible because foreign products were banned under the military junta. University […]
-OpEd- PARIS — Before the end of 2014, China will have become the world’s largest economy. For the first time since 1872 — when China overtook Britain — the United States will not top the list. This news amid data published last week by the International Comparison Program, a respected institution hosted by the World […]
MOSCOW – Earlier in June, during the last congress of the All-Russia People’s Front, a movement created by President Vladimir Putin in 2011, Putin announced that one of his primary goals was to create a new era of industrialization in Russia. Russia’s Minister of Economic Development Andrey Belousov announced in the same meeting that by […]
NEW DELHI – Dreaming with BRICs, the study published in 2003 by Goldman Sachs that traced the rise of four emerging economies (Brazil, Russia, India and China) also marked the birth of a concept that has yet to disappoint. Between 2004 and 2011, average growth in China was 10.8%, in India 8.3% — to mention […]
As he did last year, Charles Landow draws highlights from a range of democracy and development indexes for this year-end edition of Missing Pieces. The UN Human Development Index and the Economist Intelligence Unit’s Index of Democracy are not included this time because they were not published in 2012. Enjoy the reading and the holiday […]