Building infrastructure for 21 century sustainable development: lessons and opportunities for the BRICS-led new development bank

Vazquez, Karin Costa, Roychoudhury, Supriya and Borges, Caio (2017) Building infrastructure for 21 century sustainable development: lessons and opportunities for the BRICS-led new development bank. Project Report. O.P. Jindal Global University.

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Abstract

The world's infrastructure gap is currently estimated to be an astronomical US$ 90 trillion by 2030. Recognizing this shortfall of resources will be particularly significant in emerging markets, governments of the BRICS countries decided in 2015 to create their own financial institution, the New Development Bank (NDB). The NDB's aspiration to meet the vast and unfulfilled infrastructure requirements of its member countries, whilst retaining a deliberate focus on sustainable development, represents a bold departure from approaches currently followed by its counterpart institutions. The NDB's efforts to promote what it broadly labels as 'sustainable infrastructure' is thus both welcome and laudable.

Item Type: Monograph (Project Report)
Keywords: Sustainable Development | Infrastructure Development | financing- infrastructure development | BRICS-Infrastructure Development Financing
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Banking and Finance
Social Sciences and humanities > Social Sciences > International Organizations
Social Sciences and humanities > Social Sciences > Development
JGU School/Centre: Jindal School of International Affairs
Depositing User: Arjun Dinesh
Date Deposited: 06 May 2022 10:02
Last Modified: 06 May 2022 10:02
Official URL: https://jgu-dev.s3.ap-south-1.amazonaws.com/buildi...
URI: https://pure.jgu.edu.in/id/eprint/2874

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