The BRICS New Development Bank and Contingent Reserve Arrangement at a glance

As the BRICS meet in Fortaleza, Brazil from 14-16 July 2014, attention is once again on the group’s efforts to establish two new financial institutions: the New Development Bank and the Contingent Reserve Arrangement. Negotiations are underway on both and, while it remains uncertain that they will be officially launched in Fortaleza, substantial progress is […]

The Economics of Illegal Mining

Photo © Ollivier Girard for Center for International Forestry Research (CIFOR).

On 22 June, four suspected illegal miners were found dead with gunshot wounds to the head at a gold mine near Johannesburg. Earlier this year, a rescue operation to remove illegal miners from the abandoned Gold One mineshaft on South Africa’s East Rand, revealed a reluctance to be rescued for fear of arrest. This brings to attention the scale and intractability of efforts to curb illegal mining.

The Green Economy in the G-20, Post-Mexico: Implications for Russia

Over the past 20 years there has been a gradual shift in the concept of sustainable development towards an emphasis on a ‘green’ economy and the introduction of more environmental and social indicators in the understanding of sustainability and national well-being.

Consolidating the African Governance Architecture

Collaboration and co-ordination among African Union (AU) and Regional Economic Community (REC) organs and institutions with the mandate to strengthen governance, human rights and democracy have been ad hoc and unpredictable. The results have been inefficiency, ineffectiveness, and duplication of efforts and resources.

BRICS, Mega-Regional FTAs and South Africa’s Trade Strategy

Global trade strategy does not appear to be a major focus of the Brazil, Russia, India, China, South Africa (BRICS) grouping, apart from the priority given to completing the stalled World Trade Organization Doha Development Round of negotiations.

State of the Nation: Follow-through now imperative

Photo © South African Government

To President Zuma’s credit, last Tuesday evening’s State of the Nation Address went straight to the heart of South Africa’s triple challenge of poverty, inequality and unemployment. His vision of needed policy responses also put the National Development Plan (NDP) at the front and centre: government plans to achieve an economic growth rate of 5% by 2019.