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Brazil & Argentina: Only One Getting Real
Brazil is just one step removed from facing its reality. With nearly all macroeconomic indicators pointing in the less desirable of directions, the country is facing a downgrade of its sovereign credit rating with S&P on July 28 changing its
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Otaviano Canuto, IMF: Trade Opening Could Be a Source of Growth for Brazil
International trade has undergone a radical transformation in the past decades as production processes have fragmented along cross-border value chains. The Brazilian economy has remained on the fringes of this production revolution, maintaining a very high density of local supply
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Book Review: Niall Ferguson’s Civilization – Six Ways the West Beat the Rest
In much the same way Marxists internationalists held on to the belief that the workers’ revolution would sweep the world before it, today’s neoconservatives are convinced theirs is the only way forward. In this, neocons are but the most recent
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Volatility in Chinese Stock Values: Potentially Much More Dangerous than a Greek Tragedy?
The problems facing the global economy in the event of a Greek exit from the euro zone could be dwarfed into insignificance by downward movements on the Chinese Stock Markets. In 1989, Margaret Thatcher famously declared: “You can’t buck the
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The Time Is Now: Paradigm Shift Signals Opportunity
Few people realise that in 2013 a turning point was reached. In that year, emerging economies displaced developed markets as the main engines of global economic growth. This was not a one-off event or an oddity: it signalled no less
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Otaviano Canuto, World Bank Group: BRICS Apart as Oil Prices Plunge
The oil price plunge since last June has been deemed, overall, as a boon for the global economy. However, that depends on where one stands as a producer or user, as illustrated here with the divergence of impacts on BRICS
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Proposed China Pakistan Economic Corridor: With a Price Tag of $46 billion
China’s president Xi Jinping arrived in Islamabad on Monday 20 April for talks with Pakistani president Nawaz Sharif, to address parliament and make clear to the world a very obvious power shift from West to East. Xi Jinping has agreed
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Containers on Rail: China’s Next Big Opportunity in Supply-Chain Logistics
The transportation of containers by rail could grow substantially in China, especially if the nation continues adopting the kind of operating practices and regulatory reforms that have boosted the development of the North American rail network, according to a new
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China: Now You See It, Now You Don’t
At long last, China is living its very own Silent Spring. Or not. Since late February, well over 300 million Chinese have watched the 103-minute online documentary Under the Dome – a powerful crowd-funded exposé of air pollution and other
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Best Commercial Bank, China: CFI.co names China Merchants
China Merchants Bank, headquartered in Shenzen and boasting 500 branches, is the CFI.co 2014 winner of the award ‘Best Commercial Bank, China.’ The CFI.co Judging Panel congratulates China Merchants on pioneering cross-border financing activities and notes the Bank’s resolve to
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