Remnants of Bretton Woods or a New Brick in its Foundation?
... IMF and the World Bank. As a result, the BRICS institutions may fill a niche in the global monetary and credit system gradually vacated by the established actors. [1] - RBK, USD 200 billion vs. USD 2 trillion: will BRICS form an alternative to the IMF? July 7, 2015// http://top.rbc.ru/finances/08/07/2015/559d33369a7947d227dba889 [2] - Agreement on the New Development Bank , June, 2014// VI BRICS Summit // http://brics6.itamaraty.gov.br/agreements [3] - Central Banks of BRICS Sign Operational Agreement for Reserve Currency Pool. Press Release of the Central Bank of the Russian Federation (Bank of Russia), July 7 2015// http://www.cbr.ru/press/pr.aspx?file=07072015_162910if2015-07-07T16_10_14.htm [4] - Treaty For The Establishment of a BRICS Contingent ...