Economy & Markets

Indonesia joins BRICS? Prospects for Indonesia’s Political Economy Impact

BRICS is an international regime uniting developing countries that was established in 2006. BRICS aims to strengthen the position of leading developing countries in...

Unity or Divergence? The Challenges Facing BRICS+ in the Global Arena

BRICS+ refers to the BRICS group (Brazil, Russia, India, China, and South Africa), along with several other emerging economies expressing interest in joining. As...

The Ongoing Trade Dispute Between Turkey and China Over Electric Vehicle Tariffs in the WTO

In October 2024, China initiated a trade dispute with Turkey at the World Trade Organization (WTO), marking the latest development in rising tensions over...

Bridging the Climate Divide: Why the West Must Support India’s Green Transition

As the climate crisis intensifies, the world’s response has become a test of our collective will to act. Yet, while climate change affects us...

The New Dawn for BRICS+: Matters Arising

Within the context of geopolitical changes, the 16th annual BRICS+ (Brazil, Russia, India, China and South Africa) summit held in late October 2024 in...

Indonesia vs. European Union: Palm Oil and Biofuels Dispute at WTO Panels

The ongoing trade dispute between Indonesia and the European Union (EU) over palm oil and biofuels is one of the most significant cases in...

BRICS to BRICSTANS: New Global Prosperity Wisdom

New Wisdom: How can BRICS lead today's largest economic group of nations, with the largest populations, lands, resources, and intricate ethno-diversity, on a new...

Indonesia Could Strengthen the Common Voice of Emerging Economies via BRICS

Asian-Pacific countries are racing for the historic ascension unto BRICS+ (Brazil, Russia, India, China and South Africa), but Indonesia has categorically declined to broker...

Indonesia’s Decision to Block Temu: Political Protectionism in Action

Indonesia’s decision to block the Chinese e-commerce platform Temu reflects a significant shift in its economic and political stance toward protecting local businesses, particularly...

Asset Price Boom and Turkey’s Illusion of Prosperity

In 2023, Turkey emerged as the frontrunner in the surge of ultra-rich people worldwide, according to a report by Knight Frank, a U.K.-based real...

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