Developing countries are being blamed for having borrowed and spent irresponsibly. But they have only…
The BRICS Bank: Part of a new financial architecture (I) Oscar Ugarteche
The BRICS Bank would be less vulnerable if it used non dollar denominated bonds similar to those established by the World Bank in the 1980’s.
BRICS_Bank_I (Download the full text in PDF format)
(This was originally published at: http://alainet.org/active/75589.)