New Development Bank's Maasdorp on BRICS Plan

The video discusses the New Development Bank, founded by BRICS countries, focusing on its expansion, challenges, and strategic goals. It highlights the bank's aim to increase membership and capital, emphasizing local currency financing and green finance. The discussion also covers the potential for digital currency and de-dollarization, while acknowledging the complexities of global currency dynamics.

What was the primary intention behind the establishment of the New Development Bank by the BRICS countries?

How has the membership of the New Development Bank changed during the COVID era?

What are the two main components of the bank's strategy for expanding its global footprint?

What challenges do countries face in the process of joining the New Development Bank?

Discuss the significance of local currency financing for the BRICS nations.

What is the target percentage of annual lending volumes that the New Development Bank aims to focus on climate finance?

What are the implications of the BRICS countries' push for a digital currency?