BRICS New Development Bank: From Private to Public

... Brazilian Development Bank (BNDES) provides support for Latin American and Caribbean countries; the development banks of China and India mainly work with their close neighbours in Asia; the Russian Federation concentrates its efforts on the CIS countries; and ... ... Community. Current practices of implementing economic development programmes, including International Development Assistance (IDA) programmes, as well as approaches to the activities of national development banks, served as a determining factor in the ...