BRICS: A new international economic order

These emerging powerhouses will sit down this week and look to create a development bank. The policy implications of such a bank should give Canadian policy-makers pause.

BRICS5 Photo
Representatives of the national and local governments of India, China, South Africa, and Russia at a BRICS road show at the Moses Mabhiba Stadium in Durban, South Africa earlier this month. BRICS leaders are to gather in Durban March 25 to 27 for a summit.
Joseph Ingram, Daniel Poon
Published: Friday, 03/22/2013 5:13 pm EDT
Last Updated: Thursday, 04/11/2013 3:05 pm EDT

At the fifth BRICS summit, convening in Durban, South Africa from March 25 to 27, delegates from Brazil, Russia, India, China, and South Africa have a window to make gains on the elusive promise of development that preoccupies the developing world.

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