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Nepal signed the framework agreement of the Belt and Road Initiative (BRI) with China in May 2017. Of the initial 35 projects that Nepal had proposed, the final number eventually came down to nine. Seven years later, none of the BRI projects have been completed. In 2023, the tenth year of the BRI, controversies surrounding China’s attempt to co-opt even ‘non-BRI’ projects under the framework, and Nepal’s efforts to secure more grants inst

BRIC or BRICs is an acronym referring to the fast growing economies of Brazil, Russia, India and China. The acronym is used increasingly by politicians and the mass media, reflecting the emergence of a new global reality.

China has twice broached the matter of expanding the membership of BRICS (Brazil, Russia, India, China and South Africa): first, at the 2017 Xiamen Summit, and again, more recently, at the 14th BRICS Leaders’ Meeting in June 2022 convened virtually under the chairmanship of Beijing. With China and India locked in a stalemate along the Line of Actual Control (LAC), the Chinese proposal has raised concerns in New Delhi. This brief examine

It is apparent that panaceas such as debt write-downs only offer short term relief to the debt ridden Eurozone as long as structural imbalances persist. European leaders need to look for a multipronged approach to deal with the problems.

At this unique geopolitical moment, when India faces a multitude of challenges seeking its attention both towards the region and the global stage, BRICS provides a flexible platform to respond to both.

The BRICS bank, now tentatively called the New Development Bank, is indeed a new and long overdue development. It is the first step towards reforming the world financial system. It has to be read against the decision of the BRICS nations to do trade more with each other on the basis of currency swaps.

The major achievement of the recent BRICS Summit was the decision to create the long-awaited (BRICS) New Development Bank. The bank can be seen as a growing influence of the BRICS which together represents 18% of the World trade and accounts for 40% of the global population with a combined GDP of $ 24 trillion.

Urban governance in BRICS countries will require different policy solutions because of differing circumstances.

The BRICS-Africa partnership provides the potential for positive cooperation between developing nations in the future. It is this potential that delegates from Brazil, Russia, India, China and South Africa will be trying to cultivate and deepen over the next couple of days in Durban.

The BRICS leaders have accepted the report titled "Towards a Long Term Strategy for BRICS", the recommendations made by the BRICS Think Tanks Council (BTTC). Observer Research Foundation is the Indian representative at the BTTC.

Has the emergence of BRICS had an impact on IBSA, was the question posed by Mr M Ganapathi, former Secretary (West) in the Ministry of External Affairs (MEA), Government of India.

Perhaps, the most critical issue for the five BRICS leaders, who will meet at the sunny shores of Fortaleza, will be practical goal-setting. This will be an exercise in planning and coordination to maintain continuity as well as honing in on objectives for the long term. If there is an opportunity to be seized in cross-leveraging political and economic ties, it will be in the coming years.

The Fortaleza summit will represent the reboot of BRICS. Prime Minister Modi has the biggest political mandate among his BRICS counterparts, and also the weight of the largest expectations.

New Delhi should also be aware that a US-China trade spat opens up new possibilities for India, both vis-à-vis Beijing and Washington, and it should not be hesitant to exploit them

Think tanks from five BRICS countries, participating in the 5th Academic Forum meeting in Durban, have announced the setting up of the BRICS Think Tanks Council (BTTC).

The unity and purpose of BRICS has been the target of speculation and scepticism from various quarters. With the Delhi Declaration, BRICS members have been able to assuage such doubts as they have begun to create a credible hedge against traditional global narratives of security and development.

China as the leader of the pack will use BRICS for control and dominance. The West will see this as a threat to existing arrangements and try to pull it down before it takes off. Indian presence will remain weak so long as our economic reforms and progress remain slow and our internal political and policy frameworks remain uncertain.

BRICS is an evolving process, and any exaggerated notion of it becoming a power bloc will be out of place. It might work towards "a multi-polar (or poly-centric) world", which a former Brazilian President had described as an important goal of BRICS, but in no sense it is a ganging-up against the US or the West.

BRICS mandate is under siege at a time of slowing economies and growing intra-BRICS political divergences. Above-all, it has been struggling to retain its relevance

The world of BRICS is expanding. Despite setbacks, this association of Brazil,Russia, India, China and South Africaall of them important, emerging-marketeconomiesremains relevant as it continues to comprise a big share of the world's population,its resources, and global trade. This paper describes the rise of BRICS and their growing mutualinterest in cementing their economic and political ties. It argues that while problems remain inpromoting coh

Ambitious expansion meets internal divisions as the bloc strives to redefine global power dynamics.

The digital divide is a manifestation of exclusion, poverty and inequality and continues to be exacerbated due to the effects of unemployment, poorly functioning digital skilling programmes and socio-cultural norms in some economies, depriving women equal access to digital services. Digital skills provide the poor a catalyst to break out of the cycle of poverty and empower themselves. A three-pronged digital skills strategy is required for develo

India and Bangladesh relations got a new boost following Finance Minister Pranab Mukherjee's brief visit to Bangladesh recently, demonstrating New Delhi's keenness in enhancing bilateral relations.

The current gap in global adaptation finance for developing countries is estimated at US$194-366 billion per year. This brief highlights the critical role of domestic public funding in driving adaptation initiatives. While international climate finance mechanisms exist, their effectiveness is limited by slow disbursement processes and regional disparities in fund distribution. Public finance management systems can act as catalysts for mobilising

Samir Bhattacharya, Caroline Kathure Gatobu, and Raymond Onuoha, “Bridging the Gender Digital Divide: Africa’s Imperatives,” ORF Special Report No. 238, December 2024, Observer Research Foundation.

Any suggestion of a look west policy compels a comparison with India's much-celebrated Look East policy and presents us with a paradox. India's relationship with the Gulf is much denser than with Southeast Asia. Yet the Gulf does not resonate as much as Southeast Asia in Indian Foreign Policy discourse.

Whatever shape future talks between India and China takes, bilateral problems, including the border dispute, have taken more time than their people can wait, to address leave alone resolve them.

Financing is a critical factor in realising the targets of the United Nations Sustainable Development Goals (SDGs) by 2030. In the decade of action (2021-2030), the least developed countries (LDCs) will be the battleground where the SDGs could be either won or lost. This paper estimates the level of SDG spending required in the LDCs, measures the current levels of domestic resource mobilisation and foreign aid and capital received by these countr

This brief discusses one of the most crucial challenges to effective global governance for development: bridging the financing gap for the UN Sustainable Development Goals. It considers the role of the G20 in addressing this gap, and outlines a 10-point action plan for the grouping. The aim is to bolster the financing required to achieve the SDGs in the next six and a half years—serving as an update to the Addis Ababa Action Agenda of 2015 in l

The Delhi government is facing numerous challenges in managing water demand and supply in the capital, primary of which are water shortages and declining groundwater levels. One of the strategies that are being employed to address these issues is the promotion of rainwater harvesting (RWH). This report provides an account of the growth and development of Delhi’s RWH sector. The analysis shows that while the programme has met with some success,

The 2nd session of the 11th National People's Congress (NPC) was held in Beijing from Mar 5-13, 2009, the first session after the onset of the global economic crisis

Climate change defined officially as 'a change in the state of the climate that can be identified among other things by changes in the mean and / or the variability of its properties, and that persists for an extended period, typically decades or longer' is among major challenges facing countries.

Sustainable magic requires that the magician remain credible.

This brief underlines the immense potential for increased cross-border trade, tourism, and people-to-people interactions between India and its Southeast Asian neighbours. In particular, it evaluates the importance of India–Thailand relations, emphasising the present state of the India–Myanmar–Thailand Trilateral Highway (IMT-TH). Although India and Thailand share a maritime boundary along India’s Andaman and Nicobar Islands and Th

Post-Brexit Britain needs to move away from its China-centric policy and step up trade engagements in the region, which offers potential for win-win economic gains. London should also look to join its allies, including the US, India, Australia in the support of regional security to manage the risks posed by Beijing

Boris Johnson has succeeded in breaking the logjam in British Parliament on the deal by presenting a solution which has now much greater traction than ever before. However, that’s just not enough in overseeing Brexit.

The NBSA process needs to keep pace with the fists of fury that politicians are unleashing on each other. Particularly so as the level of unsubtantiated allegations is getting worse as we're getting closer to the General Elections 2014.

Mayawati has apparently decided that she should retain her core constituency hoping that everything else would fall in place

Spillovers from unconventional monetary policy in the AEs pose a systemic risk for emerging market economies (EMEs). Unconventional monetary policies to ensure cheap liquidity and easy credit conditions have been used not only in the US but in Europe as well as Japan.

Budget 2004, despite the change of regime in New Delhi, maintains the much required continuity for critical power sector reforms to achieve the country¿'s "Power for All" objective by 2012 and double installed capacity to over 200,000 MW .The salient features in the budget vis-a-vis the power sector are:

The macro-economic situation at this point of time is indisputably negative and the Budget for 2013-14 should set realistic spending allocations with the aim to reduce the fiscal deficit to sustainable levels.

The focus on delivery of various schemes is missing in this budget. Each year, public money is being poured into them, but things remain the same unless there are dynamic state ministers monitoring everything. Some provision for effective monitoring should have made in budget 2013-14.