
BRICs' Philosophies for Development Financing and their Implications for LICs »
Journal Issue
Volume/Issue: 2012/74
Series: IMF Working Papers
Author(s): Yongzheng Yang , and Nkunde Mwase
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2012
DOI: http://dx.doi.org/10.5089/9781475502268.001
ISBN: 9781475502268
Keywords: BRICs, Russia, Institutions, LICs, development financing, debt sustainability, debt relief, public investment, commodity prices, History Of Thought: - Individuals
Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding Russia) view their f...