Africa

7 Items

Rupiah coins in Medan, North Sumatra, Indonesia.

Binsar Bakkara/AP

Analysis & Opinions - Global Policy

Closing the Equity Financing Gap during the COVID-19 Crisis: The Emergence of Sovereign Wealth Funds with Expiration Dates

| May 29, 2020

Juergen Braunstein and Sachin Silva argue that sovereign wealth funds may be central to governments' efforts to balance public responsibility with private interests in post-pandemic economies.

Analysis & Opinions - Financial Times

Why Opec is increasingly irrelevant

December 17, 2014

When the Saudis, the leaders of Opec, decided at the cartel’s recent meeting in Vienna to maintain their oil production levels, it sent a strong message to the world: the market, not Opec, should decide oil prices. As a result, oil prices dropped, falling below $60 per barrel this week.

Analysis & Opinions - Taipei Times

Incompatibility Hinders BRICS Bloc

| April 8, 2013

"...[W]hile the BRICS may be helpful in coordinating certain diplomatic tactics, the term lumps together highly disparate countries. Not only is South Africa miniscule compared with the others, but China's economy is larger than those of all of the other members combined. Likewise, India, Brazil and South Africa are democracies, and occasionally meet in an alternative forum that they call IBSA (the India, Brazil, South Africa Dialogue Forum)."

China's President Hu Jintao (C) delivers a speech at the BRICS summit in Sanya, China, Apr. 14, 2011. A statement adopted by the 5 BRICS states offered strong backing to reform the international financial order.

AP Photo

Analysis & Opinions - The Wall Street Journal

Another Overhyped Challenge to U.S. Power

| July 20, 2011

"In political terms, China, India and Russia are competitors for power in Asia. Russia worries about China's proximity and influence in Siberia, and India is worried about Chinese encroachment into the Indian Ocean as well as their Himalayan border disputes. As a challenge to the United States, BRICS is unlikely to become a serious alliance or even a political organization of like-minded states."