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...

Full description

Bibliographic Details
Main Author: Vladimir V. Klishin
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2017-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/36
_version_ 1797700293316575232
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