As emerging markets enter turmoil, questions regarding BRICS remain unanswered. China was known for being the second largest economy that could drive the asian markets towards infrastructural growth and development. But this year some troubling news from mostly all the emerging markets with Brazil’s debt being reduced to “junk” status. What started, as a pompous affair of five nations coming together in support of one another’s infrastructural needs, now appears to be more of a promotional event.
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BRICS – Where does it stand in 2014?
With the talks of a New Development Bank in China, BRICS has managed to raise some questions. Will the association of emerging markets manage to create stir in the the global economy or will it be another alliance of economies that just have meetings over nothing. Amidst many criticisms, economies of Brazil and Russia can pose more complication than contribution to the group. But it is definitely too early to completely write off BRICS.
The Cost of The Arab Spring – Was it all worth it?
The Arab Spring was the second strongest historical wave in the Middle East since the dissolution of the Ottoman Empire. There are debates about it being a success or a failure. In 2014, we look back to analyse whether the revolution was actually worth all the losses of lives or were these sacrifices an awakening call for a new democratic beginning for the region.
The Journey Of Transition – India & China in comparison to USA
This article focuses on three economies that have been discussed a lot lately : India, China & USA. India and China are considered as emerging economies but have issues like population and poverty. We compare India & China to USA using IMF reports released in April, 2014 and information provided in Index of Economic Freedom, an annual guide published by The Wall Street Journal ,IMF data and The Heritage Foundation.