Research Library

As the BRICS hold their seventh summit in Ufa, Russia this week, international economics fellow Russell Green and Rice student Elisabeth Kalomeris offer advice on designing the framework for the organization’s New Development Bank.

South America is likely facing a "second wave" of Chinese investment. How will China's rise to global economic power — and its transition to a new economic growth model — impact South America?

A growing number of Brazilian companies are expanding internationally. These companies are part of the transformation reshaping the global investment environment. They have shifted their international strategy from being based exclusively on exports to becoming foreign investors in countries such as Peru, Chile, Colombia and Mexico.

The decade 2003-2013 was an exceptional one for Latin America in social terms, but less clearly so in economic terms. Growth slowed down significantly after the exceptional factors that fed the 2003-2007 boom came to an end. The possible unwinding of the super-cycle in commodity prices and, to a lesser extent, of the expansionary monetary policy of the United States, has added new challenges. But the major issue is the need to overcome the poor long-term economic performance that has characterized the region in the post-market reforms period, particularly by adopting active production sector development strategies.

With the recent approval of Mexico's energy reform and the current enthusiasm of South American governments to attract foreign investment in oil, one might be tempted to conclude that the tide of resource nationalism is receding in the region. Nevertheless, the cycles of investment and expropriation that have characterized the oil sector in Latin America are unlikely to go away.

A deadly virus named MERS has spread from Saudi Arabia to over a dozen countries since 2012. While the chances for widespread infection are remote due to the virus's low human-to-human transmission rate, all governments should nevertheless support academic freedom and scientific collaboration to keep local outbreaks of viruses like MERS from becoming serious pandemics.

The BRICS clearly want something tangible to demonstrate their global prominence and the power of non-Western values. Russell Green examines the critical issues that must be resolved before the BRICS bank can open its doors.

Despite mounting efforts toward achieving gender equality, the MENA region continues to rank the lowest worldwide in women’s economic participation and opportunity.

Most recent reports on sexual harassment in Egypt draw a dim picture of women’s status not only in that country, but also in most parts of the region. A recent United Nations study revealed that 99.3 percent of Egyptian women have experienced some form of sexual harassment in the past year, primarily in the form of physical harassment. A recent public opinion survey showed that 85 percent of Egyptian women surveyed agree sexual harassment is the most urgent problem facing women and girls in transitional Egypt, despite the prevailing political and social instability in the country. Looking closely at these statistics, it is evident that sexual harassment is becoming not only a repugnant social phenomenon or political tool used by the regime to suppress women’s participation in the political and public spheres; it is also progressively becoming a barrier for women to play an active role in society and enjoy equal citizenship rights in their own country. Most importantly, harassment has become an impediment for both economic and social development in the country—a critical issue that requires immediate attention from policymakers, legislators, and society as a whole.

The case for increased opportunities for girls' education in the Arab world.