The BRICS Bank Pursues a New Financial Architecture
The New Development Bank (NDB) held its annual Board of Governors meeting in Cape Town, South Africa, Aug. 29-31. The main mission of the bank, founded in 2015 by the five member countries of the BRICS, is to mobilize financial resources for projects in emerging economies and developing countries. One of the main obstacles to doing so, as NDB President […]
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