Browse Research and Commentary

Ultimately, if we are going to have legitimacy of [the IMF and World Bank], if we are going to have future funding, contribution and buy-in by the wealthiest countries, which will continue to be emerging market economies, we need to see this kind of reform [of giving more voting power to emerging nations] take place.

March 29, 2013, Bessma Momani , Voice of America

[There is] a very serious effort to really pull [the BRICS nations] together despite the differences and differing interests. Yes, it will be difficult to put the [new development] bank in place. It will take a lot of time to accumulate the capital.

March 27, 2013, Colin I. Bradford, Bloomberg

The question is: do these BRICs countries have enough in common to make [a BRICs development] bank instrumental to their objectives? They all have a huge need for infrastructure [investment] and share a dissatisfaction with the lending policies of the World Bank, so there’s a base on which they could build.

September 23, 2012, Domenico Lombardi, Financial Times