Experts Policy Center
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Africa: Beyond Africa Rising - The Future Of The Global Economy's 'Last Frontier'

LONDON, July 28, 2014 (AllAfrica) — Public Lecture at the London School of Economics by Dr. Kingsley Chiedu Moghalu, Deputy Governor (Financial System Stability), Central Bank of Nigeria and Author, Emerging Africa: How the Global Economy's 'Last Frontier' Can Prosper and Matter (Penguin Books, 2014)

Read more... Monday, 28 July 2014 11:32
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East Africa Rising

By Robert Kaplan

WASHINGTON, July 26, 2014 (STRATFOR) --- The Greater Indian Ocean is the maritime organizing principle of geopolitics, uniting the entire arc of Islam (including the Red Sea and the Persian Gulf), East Africa, the Indian subcontinent and Southeast Asia. But while economic dynamism has focused more on the Indian subcontinent and Southeast Asia over the past quarter-century, lately the most intriguing success story has been East Africa. So while the situations look dire in Ukraine and Gaza this week, take a moment to look at a part of the world -- once deemed hopeless -- that is quietly experiencing a regeneration.

Read more... Saturday, 26 July 2014 14:34
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Are the BRICS Putting Up a Defensive Wall?

By Angel Petrov

MOSCOW, July 25, 2014 (Novinite Insider) -- The BRICS countries have been subject to a vast number of puns over the years – obviously including the title above. After the Brazil summit of the five emerging economies, the parallel with clay blocks seems reasonable, though. Messages recently emanating from BRICS leaders could be designed to convey the impression that their ambition to curb what they describe as “Western hegemony” and seek mechanisms to reduce developed countries’ influence should not be perceived as mere empty talk. But in what aspects could their cooperation bear fruit? In this article, a less discussed field of their relations will be briefly explored: defense, and mostly the defense industry, where issues of security, economy, trade and prestige meet.

Read more... Friday, 25 July 2014 08:50
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Russia Has Earned Its Place in the BRICS Bank

By Chris Weafer

MOSCOW, July 14, 2014 (TMT) --- In 2001 Goldman Sachs strategist Jim O'Neill first proposed the acronym BRIC to group together Brazil, Russia, India and China, four of the world's fastest-growing economies. In 2010 South Africa joined the group, changing the acronym to BRICS.

For many years the theme worked very well. For example, the MSCI Emerging Markets Index, a measure dominated by the BRICS countries, expanded by 270 percent between January 2000 and 2007, while the Developed Market Index gained by only 28 percent.

Read more... Monday, 14 July 2014 08:37
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Africa: The Brics New Development Bank and Currency Reserve Arrangement At a Glance


JOHANNESBURG, South Africa, July 12, 2014 (GEGAFRICA) --- As the BRICS meet in Fortaleza, Brazil from 15-17 July 2014, attention is once again on the group's efforts to established two new financial institutions: the New Development Bank and the Contingent Reserve Arrangement. Negotiations are underway on both and, while it remains uncertain that they will be officially launched in Fortaleza, substantial progress is expected to be announced at the summit.

Read more... Saturday, 12 July 2014 08:34
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Africa: Brics and Africa - a Lot to Be Done Yet


JOHANNESBURG, South Africa, July 10, 2014 (GEGAfrica) --- The emergence of the BRICS (Brazil-Russia-India-China-South Africa) grouping coincided with the notion of an 'Africa Rising', a term coined following Africa's growing economic prosperity. The rise of BRICS also overlapped with their increased involvement in Africa.

Read more... Thursday, 10 July 2014 08:33

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