1 reception
1.1 prominent scholars
1.2 officials
1.3 bankers
reception
prominent scholars
in july 2014, nobel prize winning economist joseph stiglitz said ndb marks fundamental change in global economic , political power. in opinion, existing institutions don’t have enough resources.
officials
chinese premier li keqiang called opening of ndb important step forward in cooperation among brics countries. great progress in financial cooperation among developing countries , emerging economies, helpful supplement global financial system, li keqiang said @ meeting k. v. kamath in beijing in july, 2015.
china finance minister lou jiwei said establishment of ndb , beijing-led aiib encourage existing multilateral institutions better. @ news conference @ conclusion of g20 meeting of finance ministers , central bank governors in shanghai added new development bank drive aggregate global demand.
bankers
8 july 2015, vtb ceo andrey kostin said ndb important because it’s first institution created brics countries. talking institutionalization of brics process, , that’s quite important think. it’s permanent working instrument working every day , in heart of brics cooperation, added.
according former reserve bank of india governor raghuram rajan, ndb co-operative effort between brics countries. have reached contingency reserve agreement (cra). second. let’s see how develops. lots of hopes embedded in greater cooperation (among the) brics countries,” told reporters in february 2016.
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