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Convergence and Developmental Aspects of Credit Allocations in BRICS Nations on Hardback
Convergence and Developmental Aspects of Credit Allocations in BRICS Nations on Hardback
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Convergence and Developmental Aspects of Credit Allocations in BRICS Nations

Theoretical and Empirical Inquiries
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Description

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.

Author Biography:

Ramesh Chandra Das is Professor of Economics at Vidyasagar University, West Bengal, India. He has more than twenty-five years of teaching and research experience in different fields of economics consisting of theoretical and applied macroeconomics, financial economics, environmental economics, and political economics. He has contributed numerous research papers to journals and books and has edited and written more than a dozen books published by leading publishers.
Release date NZ
June 7th, 2024
Audience
  • Tertiary Education (US: College)
Contributor
  • Edited by Ramesh Chandra Das
Illustrations
28 Tables, black and white; 10 Line drawings, black and white; 18 Halftones, black and white; 28 Illustrations, black and white
Pages
288
ISBN-13
9781032284859
Product ID
38487987

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