Sunday February 12, 2012

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BRICs

RESEARCH AND COMMENTARY

Save to My PortfolioDynamics of Inflation "Herding": Decoding India's Inflationary Process

Gangadhar Darbha and Urjit R. Patel, January 2012, The Brookings Institution

Dynamics of Inflation Gangadhar Darbha and Urjit R. Patel analyze the time series and cross-sectional dynamics of inflation in India and explore the current anti-inflationary policies. Read More

India, India's Economy, Inflation, BRICs

RESEARCH AND COMMENTARY

Save to My PortfolioRising Democracies and the Arab Awakening: Implications for Global Democracy and Human Rights

Ted Piccone and Emily Alinikoff, January 09, 2012, The Brookings Institution

Rising Democracies and the Arab Awakening: Implications for Global Democracy and Human RightsTed Piccone and Emily Alinikoff offer an in-depth assessment of international democracy and human rights policy approaches of five rising global powers: Brazil, India, Indonesia, South Africa and Turkey. Read More

Global Change, Democracy Assistance, BRICs, Global Governance, Globalization

RESEARCH AND COMMENTARY

Save to My PortfolioChina Development Bank's Oil Loans: Pursuing Policy and Profit

Erica S. Downs, December 09, 2011, China Economic Quarterly

Since 2009, China Development Bank has extended lines of credit to national energy companies and government entities in Brazil, Ecuador, Russia, Turkmenistan and Venezuela. Erica Downs argues that these loans should be viewed as transactions involving multiple actors pursuing multiple interests, including profitability. Read More

China, China's Economy, China's Currency, BRICs, Global Finance

RESEARCH AND COMMENTARY

Save to My PortfolioReligious Revival and Megatrends in Global Security, Economy and Governance

Cesare Merlini, December 02, 2011, The Brookings Institution

Cesare Merlini examines interrelations and connections between two popular areas of study in political science—the power shift taking place at the world level due to the rise of Asia and the decline of the West and the growing role of religion in a globalized world. Read More

Global Economics, Global Change, Global Governance, Globalization, Governance

RESEARCH AND COMMENTARY

Save to My PortfolioRise of the TIMBIs: Turkey, India, Mexico, Brazil and Indonesia

December 02, 2011, Foreign Policy

Contrary to what many believe, Jack Goldstone argues that over the next 50 years, the economic and political story will not be of the United States and China competing for dominance. Instead, Goldstone points to the quiet rise of Turkey, Indonesia, Mexico, Brazil and India.
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Brazil, Global Change, India, Indonesia, Turkey

PAST EVENT

Save to My PortfolioDoes the Elephant Dance? A Discussion on Contemporary Indian Foreign Policy

Tuesday, October 25, 2011
10:00 AM to 11:30 AM
Washington, DC

Reuters/BabuIndia’s growing role on the world stage, including membership in the G20 and the United Nations Security Council, have thrown a spotlight on the scope of its aspirations and on the forces driving its foreign policy. On October 25, the Managing Global Order project at Brookings hosted a discussion on contemporary Indian foreign policy and the array of challenges it faces domestically, regionally, and abroad. David Malone, president of the International Development Research Centre, discussed his new book Does the Elephant Dance?: Contemporary Indian Foreign Policy (Oxford University Press, 2011), based on his experience as Canada’s high commissioner to India from 2006-08. Read More

India, South Asia, Foreign Policy, BRICs, Asia

RESEARCH AND COMMENTARY

Save to My PortfolioA Faltering BRIC: The Energy Landscape in New Delhi and Mumbai

Charles K. Ebinger, September 14, 2011, The Brookings Institution

A Faltering BRIC: The Energy Landscape in New Delhi and MumbaiDuring recent visits to New Delhi and Mumbai, Charles Ebinger participated in the World Energy Policy Summit and briefed Indian energy officials, members of the media, academics and diplomats on critical challenges in the South Asian regional energy situation. Read More

India, India's Economy, Energy, Energy and Climate, BRICs

RESEARCH AND COMMENTARY

Save to My PortfolioCoping with a Conflicted China

David Shambaugh, June 22, 2011, The Washington Quarterly

In 2009 and 2010, China exhibited increasingly tough and truculent behavior toward the United States, the European Union and many of its neighbors in Asia. David Shambaugh explores whether this change was a temporary trend or represents a longer-term shift, and proposes ways for other nations to respond. Read More

China, BRICs, Global Change, Globalization, Global Economics

RESEARCH AND COMMENTARY

Save to My PortfolioCompleting China’s Growth Model through Political and Social Reform

Cheng Li, June 06, 2011, Global Times

Completing China’s Growth Model through Political and Social ReformSino-U.S. relations have come a long way since the Cold War era. But as China has become the world's second largest economy, is conflict with the United States inevitable? Will social issues hold China back from claiming the top spot? In an interview with the Global Times, Cheng Li addresses these issues. Read More

China, China's Economy, Asia, Foreign Policy, International Relations

RESEARCH AND COMMENTARY

Save to My PortfolioGraduation Season: Moving Toward Advanced Economy Status

Mauricio Cárdenas and Eduardo Levy-Yeyati, June 01, 2011, Brookings Institution

Graduation Season: Moving Toward Advanced Economy StatusUsing the Brookings Graduation Scorecard, which ranks countries based on economic growth, financial resilience, policy track record and broad development factors, Mauricio Cárdenas and Eduardo Levy-Yeyati measure the progress of emerging markets that are moving into the developed world or advanced economy status. Cárdenas and Levy-Yeyati analyze cross-sectional differences in key economic development indicators and capture gradual advancements or downfalls. Read More

BRICs, Economic Development, Development, Financial Markets, Governance

RESEARCH AND COMMENTARY

Save to My PortfolioBRICs Must Put up a Fight for IMF Top Job

Eswar Prasad, May 25, 2011, Financial Times

BRICs Must Put up a Fight for IMF Top JobAs the battle for the International Monetary Fund's top job continues, it is clear that emerging markets may have a hard time staking their claim on the position of managing director. With Europe determined to retain its prerogative to appoint Dominique Strauss-Kahn's successor, Eswar Prasad says it's time for the emerging markets to make a game plan and ensure that the selection process is open and transparent. Read More

International Monetary Fund, BRICs, Emerging Markets, Global Financial Crisis, India

RESEARCH AND COMMENTARY

Save to My PortfolioThe G8 and the Threat of Bloc Politics in the International System

Bruce Jones, Richard Gowan and Emily O'Brien, May 24, 2011, The Brookings Institution

The G8 and the Threat of Bloc Politics in the International SystemOn May 26 and 27, France hosts the annual G8 Summit. Bruce Jones, Richard Gowan and Emily O’Brien write that the summit's most pressing issue is to identify ways to draw non-Western powers in security cooperation, and outline several options based on mutual security interests across the globe. Read More

Group of Eight, Defense, International Relations, Foreign Policy, France

RESEARCH AND COMMENTARY

Save to My PortfolioA Champion for Chinese Optimism and Exceptionalism

Cheng Li, May 2011, The Brookings Institution

In this introduction to economist Hu Angang's book, China in 2020: A New Type of Superpower (Brookings Institution Press, 2011), Cheng Li discusses China’s rapid rise to global economic power and the broader implications of this for the international system.

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China, China's Economy, Asia, International Relations, BRICs

PAST EVENT

Save to My PortfolioForeign Policies of Emerging-Market Democracies: What Role for Democracy and Human Rights?

Thursday, April 14, 2011
to
Friday, April 15, 2011
Washington, DC

Reuters/Paulo WhitakerOn April 14 and 15, the Managing Global Order project at Brookings and the International Forum for Democratic Studies at the National Endowment for Democracy hosted a conference on the foreign policies of emerging-market democracies and their efforts to advance human rights and democracy. On April 15, Samantha Power, special advisor to the president and senior director for multilateral affairs and human rights at the National Security Council, provided commentary on the administration’s efforts to work with the emerging democracies. Read More

Human Rights, International Organizations, International Relations, BRICs, India

RESEARCH AND COMMENTARY

Save to My PortfolioGlobal Economic Recovery Picks Up Pace, But Expect Some Turbulence Ahead

Eswar Prasad and Karim Foda, April 07, 2011, Financial Times

In their April 2011 TIGER update, Eswar Prasad and Karim Foda find that advanced and emerging economies are in a far better state than they were a year ago, as evidenced by resurgent job growth and rising business and consumer confidence. However, a variety of unpleasant shocks–revolution, war, natural disasters, rising food prices and debt crises–all signal uncertainty ahead for the global economy. Read More

Global Economics, Global Finance, Global Financial Crisis, Macroeconomics, Group of 20

In Brief

Emerging—or developing—markets include large economies such as the “BRICs”—Brazil, Russia, India and China—and small- to medium-sized economies, such as Vietnam and South Africa. Brookings scholars examine emerging economies in detail and provide recommendations on how to adjust and capitalize on the growth of new economic powers.

Featured Experts

Clifford G. Gaddy

Clifford G. Gaddy

Senior Fellow, Foreign Policy, Global Economy and Development, Center on the United States and Europe

Clifford Gaddy, an economist specializing in Russia, is writing books on the political economy of Russian oil and gas and on the country’s long-term growth prospects. His earlier books include Russia’s Virtual Economy and The Siberian Curse.
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Eswar Prasad

Eswar Prasad

Senior Fellow, Global Economy and Development
New Century Chair in International Trade and Economics

Eswar Prasad holds the New Century Chair in International Trade and Economics. He is the Tolani Senior Professor of Trade Policy at Cornell University and a Research Associate at the National Bureau of Economic Research. He was previously head of the Financial Studies Division and the China Division at the IMF.
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Wing Thye Woo

Wing Thye Woo

Nonresident Senior Fellow, Foreign Policy, Global Economy and Development

Wing Thye Woo is an expert on the East Asian economies, particularly China, Indonesia and Malaysia. He has advised the U.S. Treasury Department, the IMF, World Bank and the United Nations. He specializes in exchange rates, economic growth, regional economic disparity and financial sector development.
Read More

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Spotlight

Donald KohnExpertDonald Kohn

Donald Kohn is a 40-year veteran of the Federal Reserve System and served as vice chairman of the Board of Governors of the Federal Reserve from 2006 to 2010. He was recently appointed by the government of the United Kingdom and the Bank of England to serve on its interim Financial Policy Committee. Kohn focuses on issues of monetary policy, financial regulation and macroeconomics.

Suzanne MaloneyExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.

John L. Thornton China CenterPolicy CenterJohn L. Thornton China Center

The John L. Thornton China Center develops analysis and policy recommendations to help address key long-term challenges, both in terms of U.S.-China relations and China's internal development.

Daniel KaufmannExpertDaniel Kaufmann

Daniel Kaufmann was previously the director at the World Bank Institute, leading the work on governance and anti-corruption. His areas of expertise are public sector and regulatory reform, development, governance and anti-corruption.

William G. GaleExpertWilliam G. Gale

Bill Gale, the Arjay and Frances Miller Chair in Federal Economic Policy in the Economic Studies Program at Brookings, is an expert on tax policy, fiscal issues, pensions, and saving behavior. He is also co-director of the Tax Policy Center and director of the Retirement Security Project.

Katherine SierraExpertKatherine Sierra

Katherine Sierra is a senior fellow in the Global Economy and Development program. A former vice president for sustainable development at the World Bank, she focuses on climate change and energy.

Center on Children and FamiliesPolicy CenterCenter on Children and Families

The Center on Children and Families studies policies on the well-being of America's children and their parents and seeks a more effective means of addressing poverty, inequality and lack of opportunity in the United States.

Budgeting for National PrioritiesResearch ProjectBudgeting for National Priorities

The Budgeting for National Priorities project promotes greater fiscal responsibility by developing new ideas, educating the public and finding common ground among experts and policy-makers.

Isabel V. SawhillExpertIsabel V. Sawhill

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families and the Budgeting for National Priorities Project at Brookings.

Darrell M. WestExpertDarrell M. West

Darrell M. West is vice president and director of Governance Studies and founding director of the Center for Technology Innovation at Brookings. His studies include technology policy, electronic government, and mass media.

Mwangi S. KimenyiExpertMwangi S. Kimenyi

Mwangi S. Kimenyi is senior fellow and director of the Africa Growth Initiative. The founding executive director of the Kenya Institute for Public Policy Research and Analysis (1999-2005), he focuses on Africa's development including institutions for economic growth, political economy, and private sector development.

Energy and ClimateTopicEnergy and Climate

What will it take to mitigate severe climate disruption? What should our priorities be in the relationship between fresh water and climate change? What will it take to help vulnerable countries and regions adapt to change already taking place?

Brookings Mobile ApplicationsNEW FEATUREBrookings Mobile Applications

Stay up-to-date with our independent, high-quality research, learn about Brookings events and search our directory of experts all from your BlackBerry, iPad, iPhone or Android device.

Shadi HamidExpertShadi Hamid

Shadi Hamid focuses on Islamist political parties and democratic reform in the Middle East. Prior to joining Brookings, he was Director of Research at the Project on Middle East Democracy (POMED) and a Hewlett Fellow at Stanford University’s Center on Democracy, Development, and the Rule of Law.

Global ChangeTopicGlobal Change

How do we develop more realistic approaches and more effective means of ending intractable old conflicts and preventing new ones? How do we enhance measures to thwart nonstate actors—especially terrorists and illicit traffickers—and prevent the spread of nuclear weapons?

State of Metropolitan AmericaMetropolitan Policy ProgramState of Metropolitan America

Foreshadowing 2010 Census results, this new Brookings report and interactive map defines who Americans are—and who they are becoming—in the face of continued growth, population aging and diversification, uneven educational attainment and income polarization.

Growth through InnovationTopicGrowth through Innovation

What new practices and mechanisms will help prevent another economic downturn from turning into a financial panic that could become a truly global meltdown? What changes in the public and private sectors will build the workforce and infrastructure required for a global information-based economy?

Vanda Felbab-BrownExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is the author of Shooting Up: Counterinsurgency and the War on Drugs (Brookings Institution Press, 2009).

Opportunity and Well-beingTopicOpportunity and Well-being

As they weather the current economic storm, will our governments and societies address the basic needs and aspirations of the least well-off? How can we better use education to raise individual aspirations? How should governments around the world accelerate preparations to provide social services for the billions moving from poverty into the middle class?

Africa Growth InitiativeResearch ProjectAfrica Growth Initiative

The Africa Growth Initiative conducts high-quality policy research and analysis focused on attaining sustainable economic development and prosperity in Africa, while amplifying the voice of African researchers in policy-making and planning.

Alice M. RivlinExpertAlice M. Rivlin

In February 1975, the Congressional Budget Office was established with Alice Rivlin as its first director. Rivlin is an expert on urban issues as well as fiscal, monetary and social policy and directs the Greater Washington Research project at Brookings.

Center for Technology InnovationPolicy CenterCenter for Technology Innovation

The Center for Technology Innovation is at the forefront of shaping public debate on technology innovation and developing data-driven scholarship to enhance understanding of technology’s legal, economic, social, and governance ramifications.

Robert KaganExpertRobert Kagan

Robert Kagan is an expert and frequent commentator on Egypt, the Middle East, U.S. national security, and U.S.-European relations. He writes a monthly column on world affairs for the Washington Post and is a contributing editor at the Weekly Standard and the New Republic.