BRICS bank's relationship with existing international financial institutions: A perspective based on complementary competition
Journal: Financial Forum (Vol.4, No. 1)Publication Date: 2015-12-31
Abstract
The BRICS Bank is a filling of the huge demand gap for developing countries ' developmental financial products under the existing International monetary system ; The Brics bank and the World Bank's to eliminate global poverty and promote global sustainable development goals a Sex , makes the collaboration between the two widely available Universal Space; How to support the development of developing countries more effectively is the BRICS bank and the existing international financial institutions at present and future competition content, is also the driving force behind the reform of existing international financial institutions and the International monetary System. Relationship between the BRICS Bank and existing international financial institutions , complementary to dominant at this stage , Future Competition-driven , Regardless of the stage , complementarity and competition are all embodied in the mutual promotion of the relationship ; Dynamic development of complementary competitive relationships , will make the reform of the international monetary system more reasonable , Fair , in a valid direction .
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