brics

Content tagged with: brics

brics

Brand India Needs Some Serious Makeover. Ranks Worst Among BRIC Nations

PDiN

Our PM Narendra Modi is leaving no stone unturned to create a positive image of India among foreign investors and capitalists. But it seems we need some serious makeover and efforts to improve the branding of our nation, as compared to other developed nations, we are still a beginner.

Viewpoints: California Should Strengthen Economic Ties with Mexico

PDiN

Almost 21 months into an administration characterized by dramatic economic and political reform, U.S. perceptions of Mexico continue to reflect an echo of Mexico’s past rather than the reality of Mexico’s present. Americans see poverty and insecurity rather than a middle-class democracy that has become a rising export powerhouse and valuable economic partner of the United States intent on deepening engagement with its northern neighbor.

Do the Brics Need Their Own Development Bank?

PDiN

For the leaders of the Brics countries (Brazil, Russia, India, China, andSouth Africa), the announcement in July of their agreement to establish a "New Development Bank" (NDB) and a "Contingent Reserve Arrangement" (CRA) was a public-relations coup.

India Needs More Than BRICS

PDiN

To transform India into a global manufacturing power with long-term sustainable growth of 9-10 percent, India needs to develop bilateral relations with countries boasting cutting-edge technological prowess: Japan, South Korea, Germany, Britain, France, Israel and the United States, rather than pursue the Goldman Sachs-created fiction of the BRICS, a random grouping of countries that have neither the inner coherence nor the collective vision to achieve a global economic power shift.

Sri Lanka is Ready to Join New International BRICS Bank

PDiN

President Mahinda Rajapaksa said he welcomes the initiative taken by the BRICS leaders to set up a new international development bank.  The President said in a twitter message the new bank will be a helping hand to developing nations.

China at the Helm of New BRICS Bank

PDiN

There is no question that China is the linchpin in BRICS. Now the founding of the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA) suggest that BRICS can be looked to for bold moves in the future, with China leading the charge. All sides agree that this is a mutual partnership with noble goals of reciprocal investment and development, but it’s hard to ignore China’s considerable muscle.

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