China continues to dominate an expanded BRICS

April 12, 2024--In Brief
China's economic size and increasing assertiveness in foreign policy give it a dominant position in BRICS, which is reflected in intra-bloc trade flows and in the bloc's foreign policy positions. The future of BRICS is uncertain given its heavy dependence on China's economic future and the deteriorating sentiment towards China among its members. India's fast growth and increasing geopolitical heft also pose a challenge for the continuation of BRICS as a China-centric grouping.

The origins of BRICS -a bloc comprising Brazil, Russia, India, China, South Africa and, as of 2024, new members Egypt, Ethiopia, Iran and the United Arab Emirates -can be traced back to a 2001 publication by Goldman Sachs economist Jim O’Neill titled 'Building Better Global Economic BRICs'. O'Neill argued that Brazil, Russia, India and China were poised to play an increasingly significant role in the global economy.

His prediction was that by 2050, these countries would collectively account for 40 per cent of the world's economic output. In reality, from 2012 to 2022 China alone has accounted for around a quarter of global GDP growth, and the BRICS countries together contributed over 45 per cent.

Infographic-G20 Inflation Tracker: July

September 4, 2025--Key Highlights:
Argentina and Turkey remain outliers, with inflation at 36.6% and 33.5%-the highest in the G20 despite some cooling.
The United States held steady at 2.7%, lower than expected even amid tariff pressures.
The United Kingdom saw inflation climb to 3.8%, running hotter than market forecasts.

How Stablecoins and Other Financial Innovations May Reshape the Global Economy

September 4, 2025--Policymakers will need to achieve a difficult balance between benefits and risks while safeguarding both individual consumers and financial stability
Three years ago, Finance & Development devoted a full issue to anticipating "The Money Revolution," driven by innovations in finance, such as crypto assets. That revolution is now unfolding.

Finance Changed, Risks Didn't

September 4, 2025--New technologies are rewiring liquidity, payments, and economic stability
More than 15 years after the global financial crisis,the banking and financial system looks safer. But it's also evolving in ways that are reshaping who provides liquidity,how money moves,and risks to economic and financial stability. As a result,the next shock may begin not in a bank,but in the new infrastructure underpinning the system.

Ondo Brings Over 100 Tokenized U.S. Stocks and ETFs Onchain, Starting on Ethereum

September 3, 2025--Ondo Global Markets offers 24/7 onchain exposure to U.S. stocks and ETFs
Over 100 U.S. securities are now available, with hundreds more coming
Available to qualifying global (non-U.S.) investors, making Ondo one of the largest gateways to U.S. markets for global investors