BRICSAMArticle - Monday, March 1, 2010
Toward a new world order
The West's bullying approach to developing nations won't work anymore -- global power is shifting to Asia. This is the first in a four-part series of articles examining how the world will manage a shift in power and influence from west to east.
Article - Wednesday, February 10, 2010
Setting a gameplan for our changing reality
Whether it was at a recent foreign policy conference in Ottawa organized by the Canadian International Council, or at the World Economic Forum in Davos, Switzerland, the consensus was remarkably similar: The world is in the midst of great change. The challenge is to figure out what combination of countries can deal with the big global issues as the United States is no longer the hyperpower, but no other country can fill its shoes to lead.
Article - Saturday, February 6, 2010
Arctic G7 meeting ends with cautious optimism
Flaherty says there are 'good signs' that the worst is over at wrap-up of Iqaluit meeting designed to encourage frank discussion of global economy
Article - Tuesday, February 2, 2010
Moral rebalance in global leadership much needed
From 1000-1800 A.D., Asia, Africa and Latin America--today's developing world--accounted for 65 percent to 75 percent of global population and income. Europe rode to world dominance through the Industrial Revolution, innovations in transport and communication, and colonialism, during which the developing countries suffered dramatic relative losses. According to Jawaharlal Nehru University's Deepak Nayyar, from 1870 to 1950, Asia's per capita income plummeted from one-half to one-tenth of West European levels. Since decolonization, Asia has been bouncing back in economic output, industrialization and trade.
Publication - Thursday, January 21, 2010
Developing Countries – even China – Cannot Rescue the World Economy
Contrary to what many analysts believe, neither China alone nor developing countries as a group are economically powerful enough to pull the world economy out of recession, although their importance as an engine of global growth is rising. Global economic recovery will have to depend on growth in the US and Europe.
Article - Tuesday, January 19, 2010
G7 to scrap tradition of final statement
Absence of defined position after next month's meeting gives nod to G20 as the final word on global economy
Article - Thursday, January 14, 2010
Canada looks for ways to keep G7 alive, sees loss of stature in new G20
OTTAWA — When Finance Minister Jim Flaherty welcomes his G7 colleagues in Iqaluit next month, one purpose of the two-day meeting will be to ensure it is not the last of its kind.
Article - Monday, January 11, 2010
China drives Asian traders to buy greenback
China's refusal to unleash the yuan's peg to the U.S. dollar is spurring other countries to enter currency markets as a way to boost their economies
Article - Friday, January 8, 2010
Corrupt India still has a long way to go
India’s remarkable rise in recent years notwithstanding, a controversy now roiling the country is a metaphor for the civic and institutional degeneration that continues to cloud its prospects to join the ranks of the developed democracies. It is a tale of impunity for the powerful that, by puncturing a hole in the much vaunted claim of the primacy of the rule of law in India, offers a cautionary corrective to the irrational exuberance about that country.
Article - Monday, November 16, 2009
Two is the loneliest number
U.S. President Barack Obama's first visit to China this week will get people talking about how what the world really needs is a Group of Two. Sure, the Group of 20 was only anointed the world's pre-eminent economic policy group in September. But nothing of consequence will get done at the G20 unless the United States and China go along, so why not put them in a room and let them sort out their differences?