BRICS New Development Bank: From Private to Public
... more, many of the countries with rapidly developing economies have now accumulated substantial reserves in their national wealth funds, which they frequently invest in developed countries, thereby strangulating financing into the national economy. The BRICS New Development Bank, which was officially launched at the July 2015 BRICS Summit in Ufa, has been tasked with resolving these issues. New Resources or New Possibilities? As was repeatedly stated in the run-up to, and immediately before, the BRICS ...
27.07.2015