Although the Brics offers advantages, it will not always make sense to go along with its decisions, say Peter Draper and Catherine Grant.
Cumbersome and politically charged policies harm investment and send it elsewhere.
How will the government translate its ‘new growth path’ into a sustainable reality?
Zwelinzima Vavi’s statements of Cosatu’s views on post-Thabo Mbeki economic policy, recently published in the M&G, are of great importance.
In late February, a diplomatic flurry in the regional trading firmament erupted. South Africa’s foreign affairs minister stated in Parliament that the European Union, out of fear over the Chinese trade ”threat”, was using economic partnership agreements with the EU to lock in old colonial trading relationships.
Time is running out for the World Trade Organisation. Can the WTO’s weary membership go once more into the breach after its most recent failure? The consequences of failing to achieve a Doha round agreement would be severe. The multilateral trading system, while imperfect and iniquitous in parts, is worth saving, warts and all.