SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY

The article deals with complex analysis of pre-conditions of setting-up and basic lines of credit and investment policy of the New Bank of Development in BRICS. By comparing the New Bank of Development with other Banks of Development it was shown that it is going to be independent from G7 countries...

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Autor principal: Vladimir V. Klishin
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2017
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Acceso en línea:https://doaj.org/article/3d482c1262924f0db254551522d1ecb1
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spelling oai:doaj.org-article:3d482c1262924f0db254551522d1ecb12021-11-15T05:20:42ZSETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY2413-28292587-925110.21686/2413-2829-2015-2-148-156https://doaj.org/article/3d482c1262924f0db254551522d1ecb12017-09-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/36https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article deals with complex analysis of pre-conditions of setting-up and basic lines of credit and investment policy of the New Bank of Development in BRICS. By comparing the New Bank of Development with other Banks of Development it was shown that it is going to be independent from G7 countries and act as an alternative international institution of development. In the long-run it can compete with the Group of World Bank. The author comes to the conclusion that Russia's participation in the New Bank could be a favourable factor for raising international investment for Russian projects and could foster economic relations with China.Vladimir V. KlishinPlekhanov Russian University of Economicsarticlediversified institutions of developmentinternational finance organizationspool of foreign currency reservesEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 2, Pp 148-156 (2017)
institution DOAJ
collection DOAJ
language RU
topic diversified institutions of development
international finance organizations
pool of foreign currency reserves
Economics as a science
HB71-74
spellingShingle diversified institutions of development
international finance organizations
pool of foreign currency reserves
Economics as a science
HB71-74
Vladimir V. Klishin
SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY
description The article deals with complex analysis of pre-conditions of setting-up and basic lines of credit and investment policy of the New Bank of Development in BRICS. By comparing the New Bank of Development with other Banks of Development it was shown that it is going to be independent from G7 countries and act as an alternative international institution of development. In the long-run it can compete with the Group of World Bank. The author comes to the conclusion that Russia's participation in the New Bank could be a favourable factor for raising international investment for Russian projects and could foster economic relations with China.
format article
author Vladimir V. Klishin
author_facet Vladimir V. Klishin
author_sort Vladimir V. Klishin
title SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY
title_short SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY
title_full SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY
title_fullStr SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY
title_full_unstemmed SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY
title_sort setting-up a new bank of development in brics in the context of reforming finance structure in global economy
publisher Plekhanov Russian University of Economics
publishDate 2017
url https://doaj.org/article/3d482c1262924f0db254551522d1ecb1
work_keys_str_mv AT vladimirvklishin settingupanewbankofdevelopmentinbricsinthecontextofreformingfinancestructureinglobaleconomy
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