The Foundation for the Establishment of the Brics New Development Bank: Immediated Impetus and Theoretical Rational Rationale
November 17, 2015 15:49 Source: Social Sciences in China Press Author: tang Lingxiao,A ing Yao B and Huang Zexian C

tang lingxiao,A ing Yao B and Huang Zexian C

A and C SCHOOL of Economics and Management, Changsha University of Science and Technology

B Hunan University of Commerce

  Bet365 app download The Brics Basic Infrastic Suffers from A Huge Financing Gap, But their Massive Foreign Exchange Reserves Lack Profitable Outlets and Member States' Self MANAGEMENT COSTS Are Extremely High. CIDENCE of the Need for Basic Infrastic Investment and the Need for Profitable Foreign Exchange Reserves are the ImmediaTiTting Up The. Brics Development Bank. Comparative Advantage and the Co-Movement of Fluctuations in the Brics Member States Optimize their Cooperative Interests G AME MODEL Analysis Enables us to deduce the logical needs for coopration among the brips. Compared with Other Patterns of Coopration, Virtual Networks Enable This Financial Cooperation to Yield Benefits in a Short Timeframe. ENT and Stability in the Brics Economies Provides a Solid Ratchale for the Establishment of the New Development Bank.

  Keywords: The Brics New Development Bank, International Financial Cooperation,ConjoINED Demands, Mutual Influice

 

  

  

 

Editor in charge: Liang Rui
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