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NEW BANK FOR DEVELOPMENT (NBR) BRICS AS A REGIONAL ANALOG OF THE WORLD BANK

Abstract

The international financial market is undergoing change support, among which particularly noteworthy is the change in the balance offorces in the world economy in favor of emerging ranks in the first place of the group of bricks and silence in the world of the regionalization process, which is accompanied by the development of a regional inancial institution. The article presents a review of the activities of the regional financial institution, the New development Bank (NDB) of the BRICS, whose main purpose is to attractfinancial resources to Finance infrastructure projects and projects related to sustainable development in BRICS and other emerging economies and developing countries. Studied the key points of the Bank. Reviewed Bank approved projects on the territory of the member States of BRICS.

About the Authors

Valentina Petrovna Akinina
North-Caucasus Federal University
Russian Federation


Khava Abubashirovna Dudarova
North-Caucasus Federal University
Russian Federation


References

1. Акинина В. П., Акинин П. В. Теория финансовых кризисов. Ставрополь: ООО Издательский дом «ТЭСЭРА», 2016. 166 с.

2. Акинина В. П., Акинин П. В. Угрозы и вызовы российскому денежно-кредитному сектору в условиях открытой экономики и в контексте современных событий на Украине // Национальные интересы: приоритеты и безопасность. 2014. № 42. С. 36-42.

3. Банк БРИКС выделил 100 млн долл. на строительство ГЭС в Карелии / Сетевое издание «РИА Новости». URL: https://ria.ru/economy/20160720/1472344137.html (дата обращения: 27.10.2017)

4. БРИКС пытается создать аналог Всемирного банка и МВФ. URL: http://www.bbc.com/russian/ business/2015/07/150708_mssia_brics_new_institutions (дата обращения: 27.10.2017)

5. China's AIIB bank set to become major player while new BRICS bank lags behind. URL: https://www.odi.org/ comment/9524-chinas-aiib-bank-set-become-major-player-while-new-brics-bank-lags-behind (дата обращения: 29.10.2017)

6. New Development Bank: NDB. URL: http://www.ndb.int/ (дата обращения: 25.10.2017)


Review

For citations:


Akinina V.P., Dudarova Kh.A. NEW BANK FOR DEVELOPMENT (NBR) BRICS AS A REGIONAL ANALOG OF THE WORLD BANK. Newsletter of North-Caucasus Federal University. 2018;(1):50-56. (In Russ.)

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ISSN 2307-907X (Print)