IBSA - South Africa

Emerging economies face developmental challenges but are also significant contributors to greenhouse gas emissions.  Credit: Zukiswa Zimela/IPS

TRADE: Small Steps towards Emission Reduction Deal

Emerging economies China, South Africa and Brazil have indicated their openness to legally-binding carbon emission reduction targets from 2020 during the United Nations climate change summit in Durban, South Africa.

Global South Needs New Path of Development

The convergence of leading countries from the global South - China, India, Brazil and South Africa, among others - to assist the poorest countries in sub-Saharan Africa and elsewhere constitutes a new "dynamic" in the emerging global economic partnerships, says the United Nations Conference on Trade and Development.

Patented drugs limit patients access to public health care.  Credit: Kristin Palitza/IPS

SOUTH AFRICA: No Political Will to Support Generic Medication

South African health experts are calling on governments to use legally available mechanisms to promote the production or import of generic drugs in their countries.

Sub-Saharan Africa has large potential for hydropower generation, but is yet to exploit it.  Credit: Kristin Palitza/IPS

World’s Biggest Hydropower Scheme Will Leave Africans in the Dark

South Africa and the Democratic Republic of Congo have signed an agreement to build a major hydroelectric power project, which is said to bring electricity to more than half of the continent’s 900 million people. But economic analysts warn that foreign investors will prevent the grid from benefiting the general public.

A police car burns at last year's G20 summit in Toronto, Canada. Credit:  Marty Olauson/IPS

IBSA: In Conflict with the EU

When the G20 leaders meet for their fifth summit in Cannes, France, on Thursday, they will be confronted with several worsening global economic and trade issues. Among them is how to strengthen the international trading system and how to overcome the developmental deficit that continues to create an uneven playing field for poor countries.

IBSA: Coverage of Economic Body Vital for Development

As the India Brazil and South Africa Summit of heads of state and government starts Tuesday, editors from the respective countries have resolved to provide better coverage of the economic body.

Emerging Markets Hit Economic Stage Like a Tonne of BRICS

Headlines this week have been saturated with protests against unaffordable food, unfair taxes and unsustainable austerity measures, with one distinct difference setting these stories apart from countless others in recent history.

IBSA: ‘Cash Grants Must Back Food Access’

Studies by the India-Brazil-South Africa (IBSA) Academic Forum on food security issues in the three countries suggest that providing food access works best when backed by cash transfers.

POLITICS: IBSA Opposes Measures Against Syria

Members of the emerging economy grouping known as IBSA - India, Brazil and South Africa - have joined China and Russia in opposing measures against Syria.

SOUTH AFRICA: Mutually Beneficial Trade With India a Key Objective

South African companies are being urged to use the leverage of its government’s strong political relationship with India to develop new business and investment opportunities.

Africa Becoming More Attractive to Indian and Other Investors

A reduction in red tape and an improvement in political conditions means that sub-Saharan Africa is becoming a more attractive destination for foreign direct investment, especially from India.

Outgoing IMF chief Dominique Strauss-Kahn is accused of sexually assaulting a maid in a New York hotel. Credit: UN Photo/Rick Bajornas

Europe Holds Tight to IMF Monopoly

Since the election of Camille Gutt of Belgium as the first managing director of the International Monetary Fund (IMF) back in 1946, the Europeans have continued to claim that job as their political and intellectual birthright.

Demba Moussa Dembele, chairperson of LDC Watch, speaks to IPS. Credit: Sanjay Suri/IPS

DEVELOPMENT: South-South Axis Strengthens

The glass isn’t exactly half-full, but it certainly is not entirely empty either. Within the broad failure of the weeklong Fourth U.N. Conference on the Least Developed Countries (LDC-IV) in Istanbul that concluded Friday, many delegates are taking heart in a strengthening South-South front that has emerged.

Ambassador Josephine Ojiambo of Kenya, President of the U.N. General Assembly High-Level Committee on South-South Cooperation. Credit: Courtesy of GSSD Expo

Q&A: Translating Southern Successes Into LDC Solutions

"In South-South cooperation we are all partners," Josephine Ojiambo, ambassador of Kenya to the U.N. and president of the U.N. General Assembly High-Level Committee on South-South Cooperation, told IPS. "SSC specifically shies away from the donor-client relationship."

Emerging Markets Clash with Anachronistic Institutions

The first weeks of April have witnessed a maelstrom of multilateralism – from the chambers of the annual Spring Meetings of the World Bank and the International Monetary Fund (IMF) here to the round tables of the BRICS summit in the resort island of the Hainan province in China – leaving in its wake a tome of unanswered questions regarding the contours and configurations of the new world order.

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