India and South Korea share warm and friendly relations that are officially described as a “friction-free relationship”. Its major companies have experience of manufacturing in India, and South Korea is looking to diversify its markets. (...) Korea with its trade and economic prowess should be a natural partner for prime minister Narendra Modi’s ‘Make in India’ programme.

One often hears that Brazil’s economy is stuck in the “middle-income trap.” Since the debt crisis of the 1980’s, Brazil has failed to revive the structural transformation and per capita income growth that had characterized the previous three decades. But, with the right mix of policies, it could finally change its fortunes.

Just over a year ago, as President Enrique Peña Nieto started his administration, the domestic and international press were touting “Mexico’s moment” and the rise of “the Aztec tiger.” Now, the naysayers have returned. Their pessimism stems in part from disappointing economic results: Mexico’s GDP growth has fallen, from nearly four percent in 2012 to around an estimated one percent in 2013.