Resumen de New development?
The article discusses how the emerging Brazil, Russia, India and China (BRICS) have decided to pursue influence through the multilateral institution New Development Bank (NDB). Topics covered include the BRICS Interbank Cooperation Mechanism, the proposals floated by Russia for a BRICS Energy Union with a multilateral policy-making institution and fuel reserve, and the development grants and emergency reserves to be provided by the NDB.
