SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY
The article deals with complex analysis of pre-conditions of setting-up and basic lines of credit and investment policy of the New Bank of Development in BRICS. By comparing the New Bank of Development with other Banks of Development it was shown that it is going to be independent from G7 countries...
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Format: | Article |
Language: | Russian |
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Plekhanov Russian University of Economics
2017-09-01
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Series: | Вестник Российского экономического университета имени Г. В. Плеханова |
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Online Access: | https://vest.rea.ru/jour/article/view/36 |
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author | Vladimir V. Klishin |
author_facet | Vladimir V. Klishin |
author_sort | Vladimir V. Klishin |
collection | DOAJ |
description | The article deals with complex analysis of pre-conditions of setting-up and basic lines of credit and investment policy of the New Bank of Development in BRICS. By comparing the New Bank of Development with other Banks of Development it was shown that it is going to be independent from G7 countries and act as an alternative international institution of development. In the long-run it can compete with the Group of World Bank. The author comes to the conclusion that Russia's participation in the New Bank could be a favourable factor for raising international investment for Russian projects and could foster economic relations with China. |
first_indexed | 2024-03-12T04:19:47Z |
format | Article |
id | doaj.art-3d482c1262924f0db254551522d1ecb1 |
institution | Directory Open Access Journal |
issn | 2413-2829 2587-9251 |
language | Russian |
last_indexed | 2024-03-12T04:19:47Z |
publishDate | 2017-09-01 |
publisher | Plekhanov Russian University of Economics |
record_format | Article |
series | Вестник Российского экономического университета имени Г. В. Плеханова |
spelling | doaj.art-3d482c1262924f0db254551522d1ecb12023-09-03T10:34:00ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-010214815610.21686/2413-2829-2015-2-148-15635SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMYVladimir V. Klishin0ИАфр РАНThe article deals with complex analysis of pre-conditions of setting-up and basic lines of credit and investment policy of the New Bank of Development in BRICS. By comparing the New Bank of Development with other Banks of Development it was shown that it is going to be independent from G7 countries and act as an alternative international institution of development. In the long-run it can compete with the Group of World Bank. The author comes to the conclusion that Russia's participation in the New Bank could be a favourable factor for raising international investment for Russian projects and could foster economic relations with China.https://vest.rea.ru/jour/article/view/36многосторонние институты развитиямеждународные финансовые организациипул условных валютных резервов |
spellingShingle | Vladimir V. Klishin SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY Вестник Российского экономического университета имени Г. В. Плеханова многосторонние институты развития международные финансовые организации пул условных валютных резервов |
title | SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY |
title_full | SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY |
title_fullStr | SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY |
title_full_unstemmed | SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY |
title_short | SETTING-UP A NEW BANK OF DEVELOPMENT IN BRICS IN THE CONTEXT OF REFORMING FINANCE STRUCTURE IN GLOBAL ECONOMY |
title_sort | setting up a new bank of development in brics in the context of reforming finance structure in global economy |
topic | многосторонние институты развития международные финансовые организации пул условных валютных резервов |
url | https://vest.rea.ru/jour/article/view/36 |
work_keys_str_mv | AT vladimirvklishin settingupanewbankofdevelopmentinbricsinthecontextofreformingfinancestructureinglobaleconomy |