Who are the BRICS?

Way back in November 2001, Goldman Sachs published a report looking at economic development in major growing economies around the world.  It was titled ‘Building Better Global Economic BRICs’ and was written by the then Head of Global Economics Research (and now a member of the House of Lords) Jim O’Neill. The paper emphasised the […]

Currency Unions outside of Europe

When you hear the term ‘Currency Union’ you probably think: Euro. Most people would. It’s by far the most high profile and successful monetary union. However what surprises many people is the fact that: a) it’s not the only one currently in existence and; b) it’s not the first one either. In fact there are […]