Will BRICS New Development Bank focus on off-US Dollar currencies as major currency- A review

Jermy, Amanda (2016): Will BRICS New Development Bank focus on off-US Dollar currencies as major currency- A review.

Abstract

Will the New Development Bank (NDB) – all the more generally known as the BRICS bank – free South Africa and other rising and creating nations from the grasp of the forceful dollar? The paper is a review of futuristic and contemporary views of the first president of the NDB. It has been reviewed as to the quantum of the influential credential of the newly established entity on the international monetary environment.

• Item Type: MPRA Paper
• Language: English
• Keywords: BRICS New Development Bank; BRICS nations; regional development; developmental economics
• Subjects: E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E51 - Money Supply ; Credit ; Money Multipliers; G - Financial Economics > G2 - Financial Institutions and Services; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation

References

Acs, Z. J., Desai, S., & Hessels, J. (2008). Entrepreneurship, economic development and institutions. Small business economics, 31(3), 219-234.

Adler, J. (2015). Empirical study on the role of the policy coherence in the world trade integration. Scholedge International Journal Of Multidisciplinary & Allied Studies ISSN 2394-336X, 2(3), 16-20.

Bell, H. A. (2011). Status of the'BRICs': An Analysis of Growth Factors. Bell, HA (2011). Status of the'BRICs': An Analysis of Growth Factors. International Research Journal of Finance and Economics,(69), 19-25.

Dailami, M., & Masson, P. R. (2009). The new multi-polar international monetary system. World Bank Policy Research Working Paper Series, Vol.

Dailami, M., & Masson, P. R. (2009). Toward a more managed international monetary system. Int'l J., 65, 393.

El Namaki, P. (2015). Strategies for offense and defense in global capital markets.Scholedge International Journal Of Management & Development ISSN 2394-3378, 2(5), 68-74.

Fanier, A. (2015). Market Equilibrium: How governmental intervention plays its role. IRA-International Journal of Management & Social Sciences (ISSN 2455-2267), 1(2).

Frank, W. P., & Frank, E. C. (2010). International business challenge: can the BRIC countries take world economic leadership away from the traditional leadership in the near future. International Journal of Arts and Sciences,3(13), 46-54.

Glosny, M. A. (2010). China and the BRICs: A Real (but Limited) Partnership in a Unipolar World*. Polity, 42(1), 100-129.

Gray, K., & Murphy, C. N. (2013). Introduction: rising powers and the future of global governance. Third World Quarterly, 34(2), 183-193.

Han, Y. (2016). Currency Derivatives and their role in Asian bond markets. IRA-International Journal of Management & Social Sciences (ISSN 2455-2267), 1(4).

Hart, A. F., & Jones, B. D. (2010). How do rising powers rise?. Survival,52(6), 63-88.

Milanovic, B. (2011). The Haves and the Have-nots. A Brief Idiosyncratic History of Global Inequality.

Papaioannou, E., Portes, R., & Siourounis, G. (2006). Optimal currency shares in international reserves: the impact of the euro and the prospects for the dollar. Journal of the Japanese and International Economies, 20(4), 508-547.

Roberts, C. (2010). Russia's BRICs diplomacy: Rising outsider with dreams of an insider. Polity, 42(1), 38-73.

Roberts, C. (2011). Building the new world order BRIC by BRIC. The European Financial Review, 6.

Saxena, S., & Singh, A. (2015). Determinants of inflation in india: an econometric analysis. Scholedge International Journal Of Management & Development ISSN 2394-3378, 2(8), 1-15.

Trenin, D. (2009). Russia Reborn. Foreign Affairs, 88(6), 64-78.

Wilson, D., & Purushothaman, R. (2003). Dreaming with BRICs: The path to 2050 (Vol. 99). Goldman, Sachs & Company.

Y Lago, M. I. M., Duttagupta, R., & Goyal, R. (2009). The debate on the international monetary system (No. 2009-2026). International Monetary Fund.