Policy: developing BRICS countries as donors
The Prime Minister of Australia recently said that the centre of global economic activity shifted eastwards by about 100 miles a year. Her analysis means that the BRICS countries (Brazil, Russia India, China and South Africa) and other fast-growing economies will play a bigger and bigger rôle in the global order. Hyderus helped a client to look at how best to engage them as full partners in international development projects. Which could become donors? Which could mentor least -developed countries? The ways in which these emerging and re-emerging powers will work within international organisations will not follow the pattern set by the established economies asked we helped our client to understand the new paradigm of “cooperation for mutual benefit “.