Publication

Jun 2016

Since its creation in 2011, the BRICS New Development Bank (NDB) has finalized its legal arrangements, assigned different roles and responsibilities among the five founding members, and set up its facilities. In light of these steps, this paper tracks the historical development of the bank, investigates its nascent operations, and anticipates the likely impact it will have in development financing.

Download English (ZA/RESEARCH/THE-NEW-DEVELOPMENT-BANK-MOVING-THE-BRICS-FROM-AN-ACRONYM-TO-AN-INSTITUTION/, 26 pages, 7.05 KB)
Author Talitha Bertelsmann-Scott, Cyril Prinsloo, Elizabeth Sidiropoulos, Lesley Wentworth, Christopher Wood
Series SAIIA Occasional Papers
Publisher South African Institute of International Affairs (SAIIA)
Copyright © 2016 SAIIA
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