Recruiting the right MD for the IMF

The recruitment of the IMF MD has turned into quite a controversy. For an interesting set of views, see this page on the website of The Economist. In a remarkable development, the EDs of India, China, Russia, Brazil and South Africa came out with a clear joint statement on the silliness that is afoot.

. . . → Read More: Recruiting the right MD for the IMF

Brazil, Russia, India and China: Forces to Be Reckoned With

In a 2001 research paper entitled “Dreaming with BRICs: the Path to 2050,” investment bank Goldman Sachs introduced the notion that Brazil, Russia, India and China could surge to become four of the largest economies in the world. Since then, they’ve been racking up growth figures that make it seem intensely possible.

There’s no . . . → Read More: Brazil, Russia, India and China: Forces to Be Reckoned With