BRICs' Philosophies for Development Financing and Their Implications for LICs

Working Paper No. 12/74

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 financing as primarily based on the principles of South-South cooperation, focusing on mutual benefits without attachment of policy... READ MORE...

Publication date: March 2012
ISBN 9781475502268

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Publication date: March 2012


Publication date: March 2012