RIAC :: IMF,BRICS

Search: IMF,BRICS (2 materials)

Remnants of Bretton Woods or a New Brick in its Foundation?

... consent from their governments. Working individually, Russia, India and China are more flexible in extending preferential credits and development assistance, avoiding interference in the domestic affairs of borrower countries. The main difference of the BRICS institutions from the IMF and World Bank seems to lie in the global economic clout rather than in greater fairness. Although the BRICS bodies are open to new members, the governing structure does not make global coverage possible. Moreover, the IMF can also act internationally ...

05.08.2015

analytics

BRICS: Union of Reformers and National Interests

... financial structures of the BRICS countries guarantee stability against the background of increasing instability. The emergence of major financial institutions such as the New Development Bank (the BRICS Bank) must certainly affect the activities of the IMF. Under the control of the BRICS countries, the bank carries out the same functions as the IMF and the IBRD, but for developing countries. However, when faced with opposition from these structures, the BRICS format acquires a distinctive “anti-Western” character. Such ...

24.06.2015

analytics

Poll conducted

In your opinion, what are the US long-term goals for Russia?

U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements	33 (31%)
U.S. wants to deter Russia’s military and political activity	30 (28%)
U.S. wants to dissolve Russia	24 (22%)
U.S. wants to establish alliance relations with Russia under the US conditions to rival China	21 (19%)