A development path from global south: national development banks of China and Brazil

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Tarih

2017

Dergi Başlığı

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Yayıncı

IJOPEC

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

National Development Banks (NDB) are one of the important institutions. Especially, Keynesian sights have increasingly emphasized this institution since WWII in the belief that NDB can solve capital insolvency and accelerate growth via the provision of long-term financing. With the attempt to neoliberal globalization, developing countries described as Global South have desperately need of industrialization but persisting problems such as financial deficiency and lack of entrepreneurship in these countries impair the industrialization. As a result, regarding the promotion of national industrialization, NDB can be defined as the engine of the economy in the Global South. On the other hand, despite the common characteristic of backwardness and desire of industrialization, each developing country constantly encounter different structural problems so national development banks must produce solutions in this direction and authorities should design their institution in terms of their own characteristics. This study aims to define generally NDB's historical economic role with respect to development sight. Within this scope, two important Global South countries' national development (China and Brazil) banks will be analyzed.

Açıklama

Anahtar Kelimeler

National development banks, Globalization, Development, China, Brazil

Kaynak

Current debates in economics econometrics

WoS Q Değeri

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Sayı

Künye

Şimşek, O., Eren, A. A. & Adalı, Z. (2017). A Development Path from Global South: National Development Banks of China and Brazil In Şiriner, İ., Alper, Ş. & Yıldız, H.(eds.) Current Debates İn Economics Econometrics, IJOPEC Publication, p. 247-268.