Can Moscow make a meaningful contribution to an improvement in China-India relations?
Obviously, the future of Eurasia largely depends on China and India. These two nations demonstrate remarkable ... ... constraints on institutional prospects of inclusive multilateral initiatives in Eurasia and in the world at large, including the SCO, BRICS. Finally, this strained relationship creates lucrative opportunities for nonregional powers to play more prominent roles ...
The trip is likely to be quite special and important
In mid-May Russia’s President Vladimir Putin will fly to China on an official state visit. A sceptic would say that this visit is not really a big deal: the Russian leader and his Chinese ... ... historic highs. On the other hand, 2024 also offers a number of opportunities that should not be overlooked. It is the year for BRICS to properly digest and absorb its recent enlargement, and Russia will have to manage the process chairing the club and hosting ...
RIAC, Institute of China and Contemporary Asia of the Russian Academy of Sciences and Institute of International Studies at Fudan University Report #87 / 2023
RIAC, Institute of China and Contemporary Asia of the Russian Academy of Sciences and Institute of International ...
... is a tremendous scope for higher growth via reducing cross-regional inequality (the BRICS economies exhibit some of the highest levels of cross-regional inequality in the... ... housing development as well as more broadly the services and the consumer sectors of the economy.
Another driver for elevating growth in developing economies could be a re-direction... ... economic framework of the Global South the two key drivers of global growth, namely China and India, could deliver significantly stronger growth impulses for the developing...
... extending their economic cooperation to the Global South. Such a platform may be based on the BRICS-plus initiative launched by China, with the aggregation of regional integration blocks from the developing world serving as the core of such a platform.
Perhaps the most effective way in which the BRICS could prove to be instrumental in rendering the construct of the world economy more balanced would be to through filling the voids and the gaps in the current global governance system. These include ...
... BRICS counterparts on economic issues pertaining to investment and trade – while major progress is unlikely in the short-term China will likely patiently keep these venues of cooperation on the radar screens in order to tackle them more actively in the coming years.
Overall, the momentum and the focus in BRICS policy agenda may be changing, but the grouping is set to carry on cooperation in areas that are crucial not just for its individual members, but for the global economy as well. The vagaries of electoral cycles could well temporarily affect the tempo of mutual cooperation within BRICS, ...
... has a different political system. Russia is a different democracy, if you think it’s one. India is a different democracy. China is not a democracy. The Brazilians have a different situation with regards to the rule of law. And the South Africans have ... ... is problematic when it comes to legal harmonization. When it comes to harmonization around political idioms, along political economy, along economic inversions, it is much easier. Rather than going into too much of the negative aspects of BRICS, focus on what BRICS has been able to accomplish: the BRICS bank, providing loans based on different parameters as compared ...
... in place would be much more coordinated. If U.S. LNG and oil were to go to Europe, Russia would have trouble diversifying its economy due to reduced export revenues.
According to both U.S. and European experts, the TTIP may be signed while Obama is in ... ... outside TPP and TTIP limits? No clear-cut answer is apparent in the immediate term. As for the Eurasian Economic Union (EEU) and BRICS, their cooperation potential remains great, but still has to prove its economic worth.
Importantly, U.S. trade with China (USD 590 billion), India (USD 67 billion), Brazil (USD 73 billion) and South Africa (USD 14.5 billion) in 2014 was several-times ...
... Edward Snowden provides the Obama White House with additional impetus to play more sanctions cards. World of currency warcraft. BRICS tired of playing the quantitative easing game After it went off the gold standard and effecitvely decapitalized during the ... ... produce efficiently and otherwise needed to hold fiat dollars, to buy bonds and other treasury instruments to keep the U.S. economy afloat. Over time the strategy took the United States from being a balanced budget nation to the world’s biggest debtor. China, which became a major world power with a permanent seat on the United Nations Security Council during this period also became ...