A BRICS Bank for Development, Meetika Srivastava

A BRICS bank for development BRIC which was first used in the year 2001 as an acronym in the Goldman Sachs’s Global Economics paper No. 66 titled “The World Needs Better Economic BRICs” has now become an important bloc comprising of EMERGING POWERS of the world’s new economic order. It has a prominent economy of Latin America i.e., Brazil - a store house of raw materials, the Chinese Dragon; the fastest growing Asian economy and the second largest world economy after the US, the … [Read more...]

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