The BRICS nations are going to have their own bank. They say it’s going to be nothing like the World Bank. But don’t bank on it.

Jay OwenReforming Global Finance

https://www.opendemocracy.net/od-russia/john-weeks/brics-bank The BRICS bank The BRICS nations are going to have their own bank. They say it’s going to be nothing like the World Bank. But don’t bank on it. John Weeks , July 15, 2014 For many years, various officials of governments in Africa, Asia and Latin America have …

BRICS – The End of Western Dominance of the Global Financial and Economic Order

Jay OwenReforming Global Finance

BRICS – The End of Western Dominance of the Global Financial and Economic Order   By Shyam Saran*   NEW DELHI, Jul 2014 (IPS) – The sixth BRICS Summit which has just ended in Brazil marks the transition of a grouping based hitherto on shared concerns to one based on …

Incubating a non-dollar architecture

Jay OwenAdvisors' Forum

from  our Advisory Board member ,Frank  Bracho, Venezuela’s former ambassador to  India Incubating a non-dollar architecture The launch of the BRICS bank can now give the member countries confidence to experiment with other geoeconomic ambitions. Incubating a non-dollar financial architecture can be the next goal. There are existing models to …

OTHER NEWS: Move over, big brother

Jay OwenReforming Global Finance

Move over, big brother Amitav Acharya – The Hindu The western media has been dismissive of the BRICS move to set up a bank, but such cynicism misses the larger picture — the end of western hegemony and the rise of the multiplex world For the first time since its …

BRICS to launch World Bank and IMF rivals

Jay OwenReforming Global Finance

With thanks to  our Advisory Board member,  author/economist,Frank Bracho, Venezuela ‘s former ambassador to  India ~ Hazel Henderson, Editor Americas BRICS to launch World Bank and IMF rivals Russia and Brazil throw weight behind proposal to rival Western-run institutions, a day before summit in Fortaleza. Last updated: 15 Jul 2014 …

Bretton Woods Bulletin February 2014 :

Jay OwenReforming Global Finance

  February 2014       Please find below the highlights of the Bretton Woods Bulletin February 2014, including: A Comment piece on the World Bank’s mechanisms by Andrea Rodriguez Osuna and Astrid Puentes; An At Issue briefing on the new brics bank by Sameer Dossani; A Guest Analysis piece on the IFC’s much-criticised investment in Tata’s Assam …

Strategically Aware Investing (SAI) concept takes off

Jay OwenSRI/ESG News

PRESS ALERT STRICT EMBARGO 0000hrs (GMT) 3 December 2013 Strategically Aware Investing (SAI) concept takes off New asset manager to have sharp emerging markets focus L?????, ? D??????? ???? — A new London-based asset manager launched yesterday will include a strong BRICs and emerging markets focus as part of its …

Global Sustainable Competitiveness Index 2013

Jay OwenSustainability News

 Solability LTD, Ilsan, South Korean The Global Sustainable Competitiveness Index scores and ranks 176 countries according to their capability to sustain or increase wealth in a resource-constraint, globalised world. The Index was first developed and published in 2012, based on a competitiveness model that incorporates all aspects required to sustain …

NewNet Daily Newsletter: US Geothermal receives $33m US Treasury grant for Neal Hot Springs

Jay OwenGreen Prosperity

  Essential industry insights: cleantech, renewables, sustainability . NewNet Daily Newsletter 26 March 2013 Read New Energy World Network to stay up-to-date on all the latest fundraising activity in cleantech, renewables and sustainability Deal News US Geothermal receives $33m US Treasury grant for Neal Hot Springs Green Automotive Company enters $3m …

UN REPORT HIGHLIGHTS FOREIGN DIRECT INVESTMENT INTO AND OUT OF EMERGING ECONOMIES

Jay OwenReforming Global Finance, SRI/ESG News

UN REPORT HIGHLIGHTS FOREIGN DIRECT INVESTMENT INTO AND OUT OF EMERGING ECONOMIES New York, Mar 25 2013  4:00PM Foreign direct investment (FDI) going into and out of the emerging economies of Brazil, Russia, India, China and South Africa – collectively known as BRICS – is mounting in global influence, according …