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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">bricslawjournal</journal-id><journal-title-group><journal-title xml:lang="en">BRICS Law Journal</journal-title><trans-title-group xml:lang="ru"><trans-title>Юридический журнал БРИКС</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2409-9058</issn><issn pub-type="epub">2412-2343</issn><publisher><publisher-name>Publishing House V.Ема</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.21684/2412-2343-2018-5-4-5-32</article-id><article-id custom-type="elpub" pub-id-type="custom">bricslawjournal-192</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>ARTICLE</subject></subj-group></article-categories><title-group><article-title>THE DEVELOPMENT BANK OF BRICS</article-title><trans-title-group xml:lang="ru"><trans-title></trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="western" xml:lang="en"><surname>Almeida</surname><given-names>Thiago Ferreira</given-names></name></name-alternatives><bio xml:lang="en"><p>Thiago Ferreira Almeida (Belo Horizonte, Brazil) – lawyer and specialist in international law and Public-Private Partnerships (PPP), municipality of Belo horizonte, healthcare sector. </p><p>925 Goncalves Dias St., City of Belo Horizonte, State of Minas Gerais, 30140-091.</p></bio><email xlink:type="simple">almeida.thf@gmail.com</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="western" xml:lang="en"><surname>Silva</surname><given-names>Roberto Luiz</given-names></name></name-alternatives><bio xml:lang="en"><p>Roberto Luiz Silva (Belo Horizonte, Brazil) – Dean, school of law, Federal university of minas gerais.</p><p>100 João Pinheiro av., City of Belo horizonte, state of minas gerais, 30130-180.</p></bio><email xlink:type="simple">rlsnet@uol.com.br</email><xref ref-type="aff" rid="aff-2"/></contrib></contrib-group><aff xml:lang="en" id="aff-1"><institution>Municipality of Belo Horizonte, Health Sector.</institution><country>Russian Federation</country></aff><aff xml:lang="en" id="aff-2"><institution>Federal University of Minas Gerais.</institution><country>Russian Federation</country></aff><pub-date pub-type="collection"><year>2018</year></pub-date><pub-date pub-type="epub"><day>15</day><month>12</month><year>2018</year></pub-date><volume>5</volume><issue>4</issue><fpage>5</fpage><lpage>32</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Almeida T.F., Silva R.L., 2018</copyright-statement><copyright-year>2018</copyright-year><copyright-holder xml:lang="ru">Almeida T.F., Silva R.L.</copyright-holder><copyright-holder xml:lang="en">Almeida T.F., Silva R.L.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://www.bricslawjournal.com/jour/article/view/192">https://www.bricslawjournal.com/jour/article/view/192</self-uri><abstract><p>This paper takes aim at the international financial system through the lens of the New Development Bank of the BRICS countries with an analysis of the Bank’s impact and relevance vis-à-vis the system. The work compares the traditional characteristics of international development institutions such as the World Bank and financial entities directed by national authorities with international solutions such as the New Development Bank, whose goals are to boost the infrastructure and renewable energy sectors of its five member countries as well as those of other developing countries. The work lays out insightful data on foreign direct investment of BRICS, GDP growth analyses, imports and exports inside and outside the BRICS group for a clearer understanding of the companies and businesses involved in the group. The work highlights an outlook of investment and development engaged in this new form of South-South cooperation which has been created by BRICS.</p></abstract><kwd-group xml:lang="en"><kwd>BRICS</kwd><kwd>New Development Bank</kwd><kwd>investment</kwd><kwd>development</kwd><kwd>international organizations</kwd><kwd>World Bank</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Jones s. BRICS and Beyond: Executive Lessons on Emerging Markets (Chichester: Wiley, 2012).</mixed-citation><mixed-citation xml:lang="en">Jones s. BRICS and Beyond: Executive Lessons on Emerging Markets (Chichester: Wiley, 2012).</mixed-citation></citation-alternatives></ref><ref id="cit2"><label>2</label><citation-alternatives><mixed-citation xml:lang="ru">Stuenkel O. The BRICS and the Future of Global Order (lanham: lexington Books, 2015).</mixed-citation><mixed-citation xml:lang="en">Stuenkel O. The BRICS and the Future of Global Order (lanham: lexington Books, 2015).</mixed-citation></citation-alternatives></ref></ref-list><fn-group><fn fn-type="conflict"><p>The authors declare that there are no conflicts of interest present.</p></fn></fn-group></back></article>
