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portada Convergence and Developmental Aspects of Credit Allocations in Brics Nations: Theoretical and Empirical Inquiries
Type
Physical Book
Publisher
Author
Language
English
Format
Hardcover
ISBN13
9781032284859

Convergence and Developmental Aspects of Credit Allocations in Brics Nations: Theoretical and Empirical Inquiries

Das Ramesh Chandra (Author) · Routledge Chapman & Hall · Hardcover

Convergence and Developmental Aspects of Credit Allocations in Brics Nations: Theoretical and Empirical Inquiries - Das Ramesh Chandra

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Synopsis "Convergence and Developmental Aspects of Credit Allocations in Brics Nations: Theoretical and Empirical Inquiries"

This book explores the levels of cooperation and the phenomena of convergence among BRICS nations. It provides an in-depth look into the financial and banking systems among these rapidly developing economies and the steps they have taken to foster development and counter inequalities.Of the many factors in determining the income and wealth of a country as well as a group of countries, commercial bank credit, a well-known financial indicator, has been an important one. This book analyses the governance and structure of the New Development Bank and its effects on group members for peer growth and to defend against any external economic and political shocks. It looks at how much of an influence the commercial bank credit, or simply the credit, has upon the income levels of the BRICS member countries, how equitable they are, whether they are converging in credits and incomes, and other such issues. It also focuses on India's credit aspects on inclusiveness and convergence.With a strong empirical model estimation, this book will be of interest to students and researchers of economics, finance, management, political studies, international relations, and international trade.

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