Please use this identifier to cite or link to this item: https://elib.utmn.ru/jspui/handle/ru-tsu/16676
Title: The development bank of BRICS
Other Titles: Банк развития БРИКС
Authors: Almeida, T. F.
Silva, R. L.
Keywords: New Development Bank
BRICS
investment
development
international organizations
World Bank
Issue Date: 2018
Publisher: Publishing House V.Ема
Citation: Almeida, T. F. The development bank of BRICS / T. F. Almeida, R. L. Silva // BRICS Law Journal / chief editor D. Maleshin; deputy chief editor S. Marochkin; executive editor E. Gladun. – 2018. – Vol. 5, No. 4. – P. 5-32.
Abstract: This paper takes aim at the international financial system through the lens of the New Development Bank of the BRICS countries with an analysis of the Bank’s impact and relevance vis-à-vis the system. The work compares the traditional characteristics of international development institutions such as the World Bank and financial entities directed by national authorities with international solutions such as the New Development Bank, whose goals are to boost the infrastructure and renewable energy sectors of its five member countries as well as those of other developing countries. The work lays out insightful data on foreign direct investment of BRICS, GDP growth analyses, imports and exports inside and outside the BRICS group for a clearer understanding of the companies and businesses involved in the group. The work highlights an outlook of investment and development engaged in this new form of South-South cooperation which has been created by BRICS.
URI: https://elib.utmn.ru/jspui/handle/ru-tsu/16676
ISSN: 2412-2343
2409-9058
Source: BRICS Law Journal. – 2018. – T. 5, Vol. 4
Appears in Collections:BRICS Law Journal

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