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Can BRICS Make a Difference at Busan? – Part 2

Posted on 12 November 2011 by admin

Analysis by Kanya D’Almeida

China in Africa

A newly-constructed, Chinese-owned hotel in Malawi. Credit: Claire Ngozo/IPS

WASHINGTON, Nov 12, 2011 (IPS) – While experts are hopeful that blocs of emerging market economies like BRICS – Brazil, Russia, India, China and South Africa – will play a major role in the upcoming aid effectiveness conference in Busan, South Korea, others fear that the new players do not yet have the fiscal power to make a serious intervention in fora generally dominated by rich donor states. Continue Reading

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