Bank-IMF?
By
Rita Madanlal Shetiya
Research scholar (PhD in Economics)
Tilak Maharashtra Vidyapeeth, Pune
ritaaindia@gmail.com
Mob No. 9271213541
1. Productive development: If NDB have the 1. T.T. Ram Mohan, BRICS bank future
better financial and technical support of hinges on governance, Economic and
banks, the BRICS bank would provide a political weekly, VOL XLIX no. 30, July
valuable addition to the existing network of 26, 2014
multilateral, regional and national 2. https://en.wikipedia.org/wiki/New_Develop
development banks, which seems to perform ment_Bank#Structure_and_Objectives
far better support for productive 3. http://www.ndb.int/
development. 4. German development institute, D.I.E. ,
2. Existing and experience bank: BRICS Financial global development: The BRICS
bank can and will initially benefit from the New Development Bank
experience and expertise of existing 5. Anil Kamboj, Regional Diplomacy:
successful development bank. Like World SAARC, ASIAN, BRICS, and SCO
Bank and IMF at the multilateral level. 6. BRICs New Development Bank and
3. Valuable platform for finance: BRICS contingent reserve agreement, department of
bank will be a valuable platform for national treasury, republic of South Africa
Developing and emerging countries. 7. JIM O’Neill, “ Building better global
4. Achieving sustainable development: economic BRICs”, Global Economic paper
BRICS bank help to achieve policy aims, No. 66, 30 Nov. 2001, Glodman Sachs ,
such as helping to achieve the sustainable Global Economic website,
development goals. BRICS bank provides a http://goldmansachs.com
important instrument and fund national,
International Journal of Commerce and Management Studies(IJCAMS)
Vol.2, Issue No.1, 2017