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

... lines going to Europe – Greece, Ukraine, Romania, Poland and the Balkans, [13] while the Latin Americans, Africans and Asians tend to prefer seeking intra-regional or South-South sources in order to evade the burdensome commitments imposed by the IMF and the World Bank. There are Never Too Many Banks EPA / XING ZHE/ Vostock Photo Yury Zaytsev: BRICS New Development Bank: From Private to Public It seems premature to suggest that the BRICS countries are undermining the fundamentals of the economic world order, as they undeniably are part and parcel of it. Quite the contrary, they are trying to expand ...