Proceedings Report: Development Financing from the Global South: The BRICS New Development Bank

The New Development Bank (NDB), also referred to as the BRICS Development Bank, was established as a legal entity in 2015, it is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). The bank aims to support public or private projects through loans, guarantees, equity participation and other financial instruments. The bank also plans to work together with international organisations and other financial entities and provide technical assistance for projects supported by the bank...

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