Remnants of Bretton Woods or a New Brick in its Foundation?
New Development Bank and the Reserve Currency Pool Many observers see the establishment of the New Development Bank (NDB) and the Reserve Currency Pool as a BRICS-led challenge to the International Monetary Fund and the World Bank, while the ... ... revise the existing economic system by establishing a competitive alternative to the IMF and the World Bank as well as by offering a new monetary system that better reflects...
05.08.2015