New BRICS bank of development as a move to the integration institutionalization

  • Вадим Сідоров
  • Марина Пасмор
Keywords: bank, BRICS, integration,

Abstract

BRICS is a union that is actually functioning now. It has great prospects in modern international economic relations. This paper studies the process of forming a new bank of BRICS as prospects not only for EU–members , but also for the whole world community. This transformation is the next step to institutionalize the group. These actions influence on the growing BRICS effect on formation of the global financial and economic structure. The article reveals that BRICS is going to develop cooperation and build modern system of interactions within the contemporary geopolitical changes.

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References

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Cited
How to Cite
Сідоров, В., & Пасмор, М. (1). New BRICS bank of development as a move to the integration institutionalization. The Journal of V. N. Karazin Kharkiv National University. Series: International Relations. Economics. Country Studies. Tourism, (4 (1144, 2), 46-48. Retrieved from https://periodicals.karazin.ua/irtb/article/view/4418
Issue
No. 4 (1144, 2 (2014): The Journal of V.N. Karazin Kharkiv National University Series "International Relations. Economics. Country Studies. Tourism"
Section
The world economy and international economic relations

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