Brief

IDS Rapid Response Briefing 3

What Next for the BRICS Bank?

Published on 12 December 2013

A new development bank to be created by the ‘Rising Powers’ of Brazil, Russia, India, China and South Africa (BRICS) is intended to promote greater cooperation between developing countries, and address what is seen by many as a history of misguidance and underinvestment by the World Bank and the International Monetary Fund (IMF).

This briefing seeks to address some of the questions that remain about the establishment of the BRICS bank and its potential impact on future development cooperation.

It was produced as part of the Rising Powers in International Development programme.

Authors

Musab Younis

Research Officer

Publication details

published by
IDS
authors
Watson, N., Younis, M. and Spratt, S
journal
IDS Rapid Response Briefing, issue 3

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About this publication

Research themes
Inclusive Economies

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