Showing posts with label BRICS. Show all posts
Showing posts with label BRICS. Show all posts

May 9, 2013

To compete globally, BRICS nations need reputation, not imitation

    Thursday, May 09, 2013   No comments

by Ahmed E. Souaiaia* 

BRICS nations
The economic, political, and social rise of the Western block of nations was founded on the single most enduring currency: reputation. Reputation, the source of credibility and trust, is the real asset that allows the U.S. to project its stature around the world. BRICS nations cannot rise to prominence by mimicking developed countries. They must build their reputation first. Wealth is only a byproduct of this more precious commodity, and countries who have it can squander it just as emerging economies can acquire it. For either of those results to happen in any country, circumstantial conditions and principled actions must converge.

May 1, 2013

Full text of the Fifth BRICS Summit Declaration and action plan

    Wednesday, May 01, 2013   No comments
DURBAN, South Africa, March 27: Leaders of the BRICS nations, namely Brazil, Russia, India, China and South Africa wrapped up their latest round of summit Wednesday in South African city of Durban.

The following is the full text of the declaration and action plan of the summit:

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