The BRICS-led Development Bank: Purpose and Politics beyond the G20

Gregory T. Chin

Global Policy, 2014, vol. 5, issue 3, 366-373

Abstract: type="graphical" xml:id="gpol12167-abs-0002">

The most fundamental challenge in launching the bank likely resides in the fact that, if the BRICS follow an approach similar to the World Bank's, the new BRICS bank will need to borrow from global capital markets by issuing bonds.

Date: 2014
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