THE NEW DEVELOPMENT BANK: A STRONGER ROLE FOR BRICS IN THE GLOBAL FINANCIAL ARCHITECTURE
The BRICS economies have jointly established a USD 100 billion development bank to be based in Shanghai. What does this new institution mean for global economic management? What are some of the key areas of focus over the medium term?
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