Image #1
Image #1

The Brics and the Financing Mechanisms They Created

Item Description:The book provides an assessment of BRICS cooperation, focusing on the new financing mechanisms created by the BRICS, the... Read More
Regular price
$109.00
Sale price
$109.00
Regular price
1 In Stock. Ready to be shipped!

Change of Mind Returns accepted within 7 days of delivery. Customer provides return shipping.

Items must be returned in their original packaging and in the same condition as received. If the item does not meet our return condition policy, a full refund may not be issued.


Expect prompt delivery and easy tracking — every order comes with updates along the way.

About the Product

Item Description:

The book provides an assessment of BRICS cooperation, focusing on the new financing mechanisms created by the BRICS, the monetary fund and the development bank. It is shown that Brazil, Russia, India and China, joined later by South Africa, share common traits that led them to cooperate in the reform of the international financial architecture, especially the G20 and the IMF. After 2012, in light of the difficulty of having advanced countries agree to move from "tinkering at the margins" to fundamental reform of the Bretton Woods institutions, the BRICS decided to establish their own monetary fund, named the BRICS Contingent Reserve Arrangement (CRA), and their own development bank, named the New Development Bank (NDB). The book describes the difficult negotiations among the BRICS between 2012 and 2014. Some of these difficulties revealed the weaknesses that would lead the CRA and the NDB to make slow progress in the first years of their existence. The book provides an overview of the strong points and weaknesses of the initial phase of these financing mechanisms. It ends with a discussion of the future of the BRICS, highlighting that joint action by the five countries is likely to remain an important feature of the international landscape in the decades to come.

Type: Textbook

Format: Hardcover

Language: English

Publication Name: Anthem Press

Author: Paulo Nogueira Batista Jr.

Returns & Exchanges

Not happy? Return or exchange your items quickly and hassle-free.

Check Your Order Status

Stay updated every step of the way — from purchase to delivery.

Visit Our Support Center

Need assistance? Find answers and support anytime, anywhere.

Price-Match Guarantee

Found a better price? We’ll match it so you get the best deal.

Shipping

Order processing typically takes 1–2 business days before shipping. Once your order has been processed, you’ll receive a confirmation and tracking information.

Yes, changes can be made if the order hasn’t entered processing. Make sure to update your order details promptly after purchase.

Yes, international shipping is available. Delivery times and costs vary based on your location and selected shipping method.

Yes, all data is encrypted and processed securely to protect your privacy.

returns & refund

You can return most items within 30 days of delivery for a full refund or exchange.

Refunds are usually processed within 5-7 business days after we receive your returned item.