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3min chapter
Should We Be Worried About The BRICS?
Economics Explained
The New Development Bank and the Effectiveness of the BRICS
This chapter explores the similarities between the New Development Bank and other organizations like the IMF, and questions the effectiveness of the BRICS group. It discusses the struggles of introducing a new currency, the economic challenges of individual countries within the BRICS, and highlights the lack of close alliances among them.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode