Programme

THE NEW DEVELOPMENT BANK: A STRONGER ROLE FOR BRICS IN THE GLOBAL FINANCIAL ARCHITECTURE

Global Economy: New Challenges and Shifting Horizons
RT TV Debates
Pavilion 4, Conference Hall 4.2

Moderator:
Peter Lаvelle , Anchor, RT

Panellists
Pedro Alba , Vice President for Budget, Performance Review & Strategic Planning, The World Bank Group
Amar Bhattacharya , Senior Fellow at the Global Economy and Development Program, The Brookings Institution
Vladimir Dmitriev , Vice President, Chamber of Commerce and Industry of the Russian Federation
Kundapur Vaman Kamath , President, New Development Bank (NDB)
Philippe Le Houerou , Vice President, Policy and Partnerships, The European Bank for Reconstruction and Development (EBRD)
Sergey Storchak , Deputy Finance Minister of the Russian Federation
Shaolin Yang , Director General of the Department of International Economic and Financial Cooperation, Ministry of Finance of the People's Republic of China

Front row participants
Ben Aris , Editor-in-Chief, Business New Europe
Yaroslav Lissovolik , Chief Economist, Member of the Management Board, Eurasian Development Bank (EDB)
Jim Rogers , Chairman, Beeland Interests Inc

Broadcast

Key moments

The new bank for development will be one that works jointly with other financial institutions, local and regional, to finance infrastructure projects.
Vladimir Dmitriev
There are so many savings out there in emerging markets, and yet, in terms of their use there are not enough institutions to allow these savings to be utilized to boost growth rates and development.
Yaroslav Lisovolik
If you can create (finance) platforms that bring together the best, you can improve accountability, governance, transparency.
Amar Bhattacharya