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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

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Type
Great Expectations? The Rise of Regional Development Banks in a DC-Centered World
Copyright
Copyright © American Society of International Law 2016

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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).