The Merriam-Webster dictionary defines infrastructure as the ‘underlying structure’ of a country – specifically, the physical installations needed to ensure that its economy functions for the benefit of society. Modern infrastructure is made of steel and concrete and is ubiquitous in an advanced economy; typically, it is taken for granted by the people who depend […]
In late February 2023, U.S. President Joe Biden announced that the United States had placed the nomination of Ajay Banga to be the next head of the World
The BRICS Bank is a young institution compared to the World Bank, but it has considerable financial resources and will need to be innovative in providing assistance that does not lead to endemic debt. Whether the new BRICS Think Tank Network for Finance will be able to break with the IMF’s orthodoxy is yet to be seen.
By Vijay Prashad In late February 2023, U.S. President Joe Biden announced that the United States had placed the nomination of Ajay Banga to be the next head of the World Bank, established in 1944. There will be no other official candidates for .
World Bank, BRICS Bank have new leaders and different outlooks asiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiatimes.com Daily Mail and Mail on Sunday newspapers.