Diplomacia e Relações Internacionais
- O Banco Dos Brics, Visto Desde Washington - Raj M. Desai, James Raymond Vreeland (wp)
What the new bank of BRICS is all about By Raj M. Desai and James Raymond Vreeland The Washington Post, July 17, 2014 Leaders of the BRICS nations, from left, Russia’s President Vladimir Putin, India’s Prime Minister Narendra Modi, Brazil’s President...
- Delenda Brics? - Jaswant Singh
Crumbling BRICS Jaswant Singh Project Syndicate, 19 March 2013 NEW DELHI – In 2001, when Jim O’Neill of Goldman Sachs coined the acronym BRIC to refer to Brazil, Russia, India, and China, the world had high hopes for the four emerging economies, whose...
- Fmi: Quem Disse Que Os Eua Dominam Ilegitimamente?
Este artigo da Economist coloca as coisas nos devidos lugares. Para chegar a esta conclusão, basta saber contar (mas isso vocês não vão aprender num livro do MEC...) Paulo Roberto de Almeida IMF influence Light-weight BRICS The Economist, June 6th...
- Dos Brics Ao Bris?: Ilusoes Anti-hegemonicas (inclusive Do Brasil)
Sem o C, o grupo artificial chamado BRIC, agora BRICS, por injunção do C, justamente, ou seja, da China, perde muito do seu sentido e do seu "poder", seja lá o que representa esse "poder". A China, sozinha, é maior e mais importante do que todos os...
- Brics Plus: Pronto, Virou Bagunca...
Criador do Bric quer incluir no grupo México e mais 3 países Sílvio Guedes Crespo Blog Estadão Economia, 17 de janeiro de 2011 O economista Jim O’Neill, criador do termo ‘Bric’, sigla para Brasil, Rússia, Índia e China, quer acrescentar mais...
Diplomacia e Relações Internacionais
Deu no New York Times: Banco do Brics tem sede em Shanghai e presidente indiano
Emerging Nations Bloc to Open Development Bank
RIO DE JANEIRO — At a meeting in Brazil, the leaders of Brazil, Russia, India, Chinaand South Africa announced on Tuesday that they were establishing a development bank to challenge the influence of venerable institutions like the World Bank and theInternational Monetary Fund.
The New Development Bank, which will be based in Shanghai, will open with an initial capitalization of $50 billion. India will name the first president, according to a statement from the leaders of the so-called BRICS group of nations who have gathered in the northeastern city of Fortaleza, and Russia and Brazil will select other top officers.
The five-nation bloc also said it would create a $100 billion fund of currency reserves for members to use during balance of payments crises. Pointing to concerns that the United States Federal Reserve was stepping back in its aggressive efforts to stimulate the American economy, possibly opening the way for interest rate increases in the United States, Brazil’s president, Dilma Rousseff, said the fund could mitigate the volatility that could emerge from such shifts.
“This provides security, a kind of safety net for BRICS countries and others,” Ms. Rousseff said.
Taken together, the New Development Bank and the contingency fund reflect ambitions of forging a new global economic framework.
Nations like Brazil already have huge development banks that dwarf the World Bank in size. Still, leaders in emerging economic powers chafe at the policy prescriptions coming from the World Bank and the I.M.F., which emerged from the Bretton Woods monetary conference in New Hampshire 70 years ago.
While the United States has long wielded influence in the global economy through those institutions, China, which accounts for about 70 percent of the collective gross national product of the countries represented at Fortaleza, has tried to play down its staggering economic weight in the bloc. But that could change over time, analysts said, if animus grows over China’s trade surpluses with other members.
“There may be potential cracks in the facade of unity once China asserts its interests,” said Eric Farnsworth, vice president of the Council of the Americas and the Americas Society in the United States.
The BRICS countries face other challenges like slowing economic growth.
While Jim O’Neill, the former Goldman Sachs executive who coined the term BRIC 2001 (before South Africa joined the group in 2011), had predicted that Brazil would grow 5 percent a year over this decade, the economy has eked out much slower growth since 2011, forecast at just 1.6 percent this year.
Still, while the bloc involves countries with varying levels of economic growth, vastly different political systems and an array of simmering issues like the hostilities between Russia and Ukraine and the territorial disputes between China and its neighbors, analysts caution that its potential clout should not be taken lightly.
“They still have just shy of half the world’s population,” said Kevin P. Gallagher, a professor of international relations at Boston University, emphasizing the influence the countries already have within organizations like I.M.F. and the World Trade Organization. “They are a force regardless of their growth rate, which will remain faster when averaged than the West’s for years to come.”
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- O Banco Dos Brics, Visto Desde Washington - Raj M. Desai, James Raymond Vreeland (wp)
What the new bank of BRICS is all about By Raj M. Desai and James Raymond Vreeland The Washington Post, July 17, 2014 Leaders of the BRICS nations, from left, Russia’s President Vladimir Putin, India’s Prime Minister Narendra Modi, Brazil’s President...
- Delenda Brics? - Jaswant Singh
Crumbling BRICS Jaswant Singh Project Syndicate, 19 March 2013 NEW DELHI – In 2001, when Jim O’Neill of Goldman Sachs coined the acronym BRIC to refer to Brazil, Russia, India, and China, the world had high hopes for the four emerging economies, whose...
- Fmi: Quem Disse Que Os Eua Dominam Ilegitimamente?
Este artigo da Economist coloca as coisas nos devidos lugares. Para chegar a esta conclusão, basta saber contar (mas isso vocês não vão aprender num livro do MEC...) Paulo Roberto de Almeida IMF influence Light-weight BRICS The Economist, June 6th...
- Dos Brics Ao Bris?: Ilusoes Anti-hegemonicas (inclusive Do Brasil)
Sem o C, o grupo artificial chamado BRIC, agora BRICS, por injunção do C, justamente, ou seja, da China, perde muito do seu sentido e do seu "poder", seja lá o que representa esse "poder". A China, sozinha, é maior e mais importante do que todos os...
- Brics Plus: Pronto, Virou Bagunca...
Criador do Bric quer incluir no grupo México e mais 3 países Sílvio Guedes Crespo Blog Estadão Economia, 17 de janeiro de 2011 O economista Jim O’Neill, criador do termo ‘Bric’, sigla para Brasil, Rússia, Índia e China, quer acrescentar mais...