Since the beginning of the new millennium, the growth of the “New Middle Class” in the world’s rapidly emerging economies has received much interest, even excitement. But what is new middle class really like in countries such as India and Brazil? And to what extent does it have a potential for green politics?
India has huge infrastructural development needs, but they need to be aligned with Sustainable Development Goals. A new study takes a critical look at the OECD’s advice on infrastructure development.
The recent establishment of the New (BRICS) Development Bank has raised hopes for new approaches in development finance, while fears emerged that social and environmental standards may being weakened. A new study looks at the experience and past performance of BRICS countries in development financing.
