This year’s G20 (Group of Twenty) Summit – an annual forum where the world’s twenty largest economies discuss international economic cooperation – took place in Brisbane Australia. Several commitments on boosting global growth, reducing inequalities, attaining inclusive growth, creating jobs and even establishing a Global Infrastructure Hub were made. What particularly caught my attention in the communiqué … More The IMF: Change in the Air?
A picture is worth a thousand words they say. The photo below is culled from a New York Times article on the recent BRICS Summit in March, and discussions about establishing a BRICS Development Bank, to challenge the World Bank and the International Monetary Fund. The article basically highlights how difficult it would be for … More Picturing the BRICS Development Bank