Economics in Education
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Rescooped by Bruce Fellowes from money money money
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BRICS Launches New Development Bank - Voice of America

BRICS Launches New Development Bank - Voice of America | Economics in Education | Scoop.it


“Finally they got some alternative sources to get funding for infrastructure and they do not come with these conditionalities.


Via jean lievens
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Rescooped by Bruce Fellowes from Hidden financial system
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BRICS countries to set up their own IMF

BRICS countries to set up their own IMF | Economics in Education | Scoop.it

 

Very soon, the IMF will cease to be the world's only organization capable of rendering international financial assistance. The BRICS countries are setting up alternative institutions, including a currency reserve pool and a development bank.


Via Cyrille
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