BRICS Development Bank: A Radical Shift in Global Finance

Описание: Learn more about the New Development Bank (NDB), a global financial institution created by the BRICS countries (Brazil, Russia, India, China, and South Africa) in 2014. The New Development Bank, also known as the BRICS bank, aims to finance infrastructure projects and sustainable development in emerging economies.

We explore the history, goals, and impact of the New Development Bank. We will analyze how the bank differs from other international financial institutions, such as the World Bank and the International Monetary Fund. And we will unveil some news about the bank's new president.

00:00 - Intro
01:55 - Vision and Mission of the "New Development Bank" (NDB)
04:36 - Controversy and Criticism
06:00 - From the West to the Rest
07:05 - History and Future of Presidencies
08:52 - Who is Dilma Rousseff?

The New Development Bank (NDB) was established by the BRICS countries in 2014 to promote sustainable development in its member countries by financing infrastructure and development projects.

The bank offers local currency loans to its members. It utilizes country systems to handle environmental and social aspects, as well as procurement procedures related to the infrastructure projects it finances.

It has already given money to many projects that use renewable energy, like solar and wind power, to help member countries move towards a low-carbon economy, improve transportation infrastructure, and invest in projects that provide clean water and sanitation services.

As of 2022, the NDB has welcomed new members such as Bangladesh, the United Arab Emirates, Uruguay, and Egypt. The bank's increasing influence has led to the creation of new jobs and the development of crucial infrastructure in the BRICS countries.

The bank's unique features and success represent a shift in the balance of power from the West to the Rest.

#NewDevelopmentBank #NDB #BRICS #GlobalFinance #InfrastructureFunding #SustainableDevelopment #EmergingEconomies #UNSustainableDevelopmentGoals #WorldBank #imf

SOURCES:
✅ The New Development Bank in Global Finance and Economic Architecture - http://bit.ly/42ifvrz
✅ The BRICS New Development Bank: a historic game-changer? - http://bit.ly/3ySB1FP
✅ New Development Bank’s Role in the International Financial Architecture - https://bit.ly/3JQnoxb
✅ The Evolution of the New Development Bank (NDB) at Six and Beyond - A New Commentary Series
https://bit.ly/3JNfdS9
✅ Crisis bancaria: Miedo generalizado a una crisis financiera en medio del enfrentamiento con Rusia y China. Análisis - https://bit.ly/3yNN4Eb

THANKS TO:
🚩 New Development Bank
Insights from the 2023 World Economic Forum Leslie Maasdorp    • Insights from the 2023 World Economic Foru...  
Address by NDB President Marcos Troyjo to Leaders at 14th BRICS Summit (2022)    • Address by NDB President Marcos Troyjo to ...  
NDB President reports to BRICS Leaders, outlines priorities for New Development Bank    • NDB President reports to BRICS Leaders, ou...  
Opening remarks by NDB's Board of Governors at NDB 7th Annual Meeting    • Opening remarks by NDB's Board of Governor...  
Investing for a greener world    • Investing for a greener world  
Mr. Marcos Troyjo, President of NDB, welcomes the admission of Egypt as a new member country    • Mr. Marcos Troyjo, President of NDB, welco...  
NDB Membership expansion interview with President, Mr. Marcos Troyjo    • NDB Membership expansion interview with Pr...  

🚩 环球时报 Global Times
BRICS New Development Bank: filling in the financing gap    • BRICS New Development Bank: filling in the...  

🚩 CGTN
First project financed by BRICS New Development Bank starts operation    • First project financed by BRICS New Develo...  

🚩 CNBC International
BRICS: How an acronym from Goldman Sachs morphed into a strategic economic bloc    • BRICS: How an acronym from Goldman Sachs m...  

🚩 China Matters
Top 5 greatest achievements of BRICS    • Top 5 greatest achievements of BRICS  

🚩 New China TV
BRICS presents alternative multilateralism: VP of New Development Bank    • BRICS presents alternative multilateralism...  
New Development Bank headquarters building complete in Shanghai    • New Development Bank headquarters building...  
GLOBALink | Bangladesh officially becomes first new member of BRICS bank    • GLOBALink | Bangladesh officially becomes ...  

🚩 Voice of America
BRICS Development Bank a Bridge to Opportunity in Africa    • BRICS Development Bank a Bridge to Opportu...  

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