Development Banks from the BRICS

Abstract

Although the BRICS countries could choose to finance projects bilaterally, a number of interests have pushed them towards the establishment of the New Development Bank. This report discusses this bank, established to meet infrastructure investment needs in the developing world, and also considers other development financing initiatives and development banks from the BRICS.

Citation

Barone, B.; Spratt, S. Development Banks from the BRICS. Institute of Development Studies (IDS), Brighton, UK (2015) 129 pp. [IDS Evidence Report No. 111]

Development Banks from the BRICS

Published 1 January 2015