Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

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 conditionality. This paper provides an overview of the philosophies and modalities of BRIC financing and examines their implications for LIC economies and future LIC-BRIC engagement.

Economic development projects --- Economic history --- Development projects, Economic --- Projects, Economic development --- Economic assistance --- Technical assistance --- Economic conditions --- History, Economic --- Economics --- Public investments --- Finance. --- BRIC countries --- Big Four countries --- BRICS countries --- Economic conditions. --- Exports and Imports --- Financial Risk Management --- Infrastructure --- Social Services and Welfare --- Public Finance --- Foreign Aid --- Investment --- Capital --- Intangible Capital --- Capacity --- International Lending and Debt Problems --- Government Policy --- Provision and Effects of Welfare Program --- Debt --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- International economics --- Macroeconomics --- Social welfare & social services --- Finance --- Public finance & taxation --- Development assistance --- Debt sustainability --- Poverty reduction --- Debt relief --- Foreign aid --- National accounts --- External debt --- Poverty --- Public investment and public-private partnerships (PPP) --- Expenditure --- International relief --- Debts, External --- Saving and investment --- Public-private sector cooperation --- China, People's Republic of