Hostname: page-component-78c5997874-mlc7c Total loading time: 0 Render date: 2024-11-17T17:05:04.261Z Has data issue: false hasContentIssue false

Optimism, Skepticism, and Pragmatism: The Clashing Narratives on the Rise of New Actors in International Development Finance

Published online by Cambridge University Press:  18 May 2017

Caio de Souza Borges*
Affiliation:
Legal Theory at the University of São Paulo (USP). Development from the Getúlio Vargas Foundation Law School (FGV/SP). Sustainability Management MBA at the FGV Management Program

Abstract

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Great Expectations? The Rise of Regional Development Banks in a DC-Centered World
Copyright
Copyright © American Society of International Law 2016

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1 Dominic Wilson & Roopa Purushothaman, Dreaming with BRICs: The Path to 2050, Goldman Sachs (Global Econ. Paper No. 99, Oct. 1, 2003).

2 Oliver Stuenkel, Institutionalizing South-South Cooperation: Towards a New Paradigm? (Background Research Paper Submitted to the High Level Panel on the Post-2015 Development Agenda, May 2013).

3 Nicholas Stern & Joseph Stiglitz, International Development Bank for Fostering South-South Investment: Promoting the New Industrial Revolution, Managing Risk and Rebalancing Global Savings (Draft G20 Communiqué: Meeting of Finance Ministers and Central Bank Governors, 2011).

4 Mattia Romani, Nicholas Stern & Joseph Stiglitz, Brics Bank Is a Fine Idea Whose Time Has Come, Fin. Times (Apr. 5, 2012).

5 Dani Rodrik, What the World Needs from the BRICS, Project Syndicate (Apr. 10, 2013).

6 Kathryn Hochstetler, Infrastructure and Sustainable Development Goals in the BRICS-Led New Development Bank (CIGI Policy Brief No. 40, 2014).

7 See, Conectas Human Rights, Development for the People? The BNDES Financing and Human Rights (Conectas Series, Vol. 2, 2014).

8 See, e.g., Devex, Civil Society Calls for Safeguards as BRICS Bank Approves First Loans (Apr. 18, 2016).

9 Caio Borges & Laura Waisbich, Will the BRICS’ New Development Bank “Renew” Development Finance? A Human Rights-Based Assessment (forthcoming).