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Credit Agencies And Objectivity (Or The Lack Thereof)

Creating a multipolar world - one can easily say that this is becoming the main priority of many emerging markets. But why? Taking into consideration that there is a structural imbalance in the current world order that permeates into almost all spheres of human life, it’s no surprise that the rising economic superpowers are not going to take this lying down. Nowadays, even the market of credit ratings has been tainted by political interests. The so-called Big Three credit rating agencies:...

Опубликовано:
30.07.2015 21:47:00

BRICS - Is A Common Currency Such A Good Idea?

... production. The establishment of an alternative financial architecture has become the slogan of the economic cooperation between the BRICS. However in my opinion a common currency is hardly a sustainable option, as it will only artificially homogenise the financial framework of the BRICS at surface level, which may cause more problems than it was initially aimed at solving. Photograph courtesy of http://emergingequity.org

Опубликовано:
23.07.2015 16:32:00

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