Growth is Stability –A Scope of Interdependent Emergence

... today’s world is still alive and kicking). In the realm of international affairs and global governance, there has also been a fundamental shift in relative power distribution... ... an effective forum of global policy coordination and it is increasingly replaced by G20. Despite the ongoing redistribution of power, however, emerging countries particularly... ... York: Portfolio, 2011). [2] The most powerful and dynamic emerging countries are called BRICs (Brazil, Russia, India, and China), first coined by Goldman Sachs economist Jim...