BRICS, a honeypot for emerging countries
| | |

BRICS, a honeypot for emerging countries

In 2001, Jim O’Neill1 identified four emerging countries likely to become the world’s leading economies by 2050. Brazil, Russia, India and China had adopted a market economy and embarked on reforms (in the field of education, foreign direct investment and business start-ups) to integrate into the global economy. In 2006, the four nations decided to…

AFRICAN OLIGARCHS

AFRICAN OLIGARCHS

When it comes to oligarchy or oligarchs, everyone thinks of Russia and the countries that made up the former Soviet Union. This kind of power structure does not only concern this part of the world. Indeed, many wealthy people come from African continent. According to some people the next great oligarchs will be African. The…