New Development Bank Of BRICS: A Development Finance Assurance To Global South

Language: English. The Title 'New Development Bank Of BRICS: A Development Finance Assurance To Global South written/authored/edited by Dr. Chandan Mohanty', published in the year 2026. The ISBN 9789356631700 is assigned to the Paperback version of this title. This book has total of pp. 142 (Pages). The publisher of this title is Gennext Publication. This Book is in English. The subject of this book is Development Finance. Size of the book is 13.34 x 21.59 cms Vol: About The Book: Global development financing is no more western dominated under Bretton woods system rather the paradigm shifted to non-western world with the creation of New Development Bank (NDB) by BRICS Countries. The objective of this book is to understand BRICS economic vision, trace the genesis of New Development Bank and its uniqueness being a Multilateral Development Bank. In addition, the book throws light on NDB’s geo-economic aspects like capital structure, membership, governance mechanism, project approvals, disbursements, compare its 2017-2021 strategy vs accomplishment. The book made an in-depth view on NDB’s commitment vs. achievement on SDG and highlights its relationship with other western dominated multilateral development banks. This book not only examines NDB but also makes a comparative analysis with Asian Infrastructure Investment Bank (AIIB) created by China. Both NDB and AIIB started operations around the same time. About The Author: Dr. Chandan Mohanty is a Banking Professional with over 14 years of experience in credit, branch banking, product development & training. He is currently working as an AVP (Credit Risk Management) with Yes Bank Ltd. Dr Mohanty holds Ph.D. degree in Management from Sri Sri University, PGDM in Banking, Finance and International Business. He is a certified associate of Indian Institute of Banking & Finance (CAIIB) and Climate Risk &Sustainable Finance certified from IIBF in collaboration with IFC. His research interest includes Banking, Development finance, Sustainable finance, International Business, Financial inclusion etc. He has published many research papers, contributed chapters to books and also presented number of papers in National and International conferences. Contents: Acknowledgment 11Preface 13List of Abbreviations 17List of Tables 19 List of Figures 211. Multilateral Development Banks, World Economic Order 231.1 Introduction 231.2 Multilateral Development Banks 231.3 Multilateral Development Banks and their project funding cycle 261.4 Bretton Woods conference 301.5 Creation of Bretton Woods institutions 311.6 World Economic Order 321.7 Formation of BRICS 341.8 Profile of BRICS Member Nations 372. Rise of BRICS, Economic Vision & Emergence of New Development Bank 392.1 Rise of BRICS in the Global Economic Paradigm 392.2 BRICS Objective and Vision 442.3 Failure of Bretton Woods Financial Institutions 452.3.1 Lack of representation and Western dominance 452.3.2 Voting power 462.3.3 Transparency and reporting: 492.3.4 Strict Loan Condition Mechanism 512.3.4.1 Structural Adjustment Program (SAP): 532.3.4.2 Resilience and Sustainability Trust (RST) 542.4 Various BRICS summits, Declarations and decisions 562.5 Institutionalization of BRICS through the New Development Bank 593. New Development Bank and its Functional Dimensions 633.1 Capital Structure and Voting Power 633.2 Membership 653.3 Governance Structure 683.4 Project Approvals & Disbursement 713.5 Country System Lending 733.6 NDB’s General Strategy:2017-2021 Key Strategies vs Accomplishment 793.6.1 Centre of attention: Sustainable infrastructure development 793.6.2 Loan portfolio and key areas Operation: 803.6.3 Membership Expansion: 803.6.4 Regional Offices 813.6.5 Partnership 813.6.6 Offering Local Currency Loans 823.6.7 Co-Financing 833.6.8 Projected Loan portfolio vs. achievement 844. Co-operation & Challenges of NDB: A comparative study with AIIB 874.1 Institutionalization 874.2 Complementary 884.3 MOUs with major Multilateral Development Banks. …