The role of AIIB and NDB in the development of the Asian finance

DOI

https://doi.org/10.2991/iccesd-19.2019.6How to use a DOI?

Keywords

AIIB; NDB; Sustainable development; Asian financial system; BRICS

Abstract

The article overviews a complex theme of the Asian cooperation of the financial institutions aimed at building the Asian financial system as a whole. AIIB and NDB are the core of this process and their influence on the formation of the Asian finance is researched and pinpointed in this paper. The main findings of the article are: the key features of the Asian financial system and the tracks of its development; the impact of the AIIB and the ADB on the development of Asian economies and their role in the transformation of the financial interactions in Asia. The novelty of the article includes he method of assessment of the impact of the development of AIIB on the developing economies through the investments and the estimation of the role od AIIB and NDB in the development of Asia.

Open Access

This is an open access article distributed under the CC BY-NC license.

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TY  - CONF
AU  - Guliev Igbal
AU  - Kamalov Rustam
AU  - Rassolova Irina
AU  - Arzhaev Fedor
PY  - 2019/07
DA  - 2019/07
TI  - The role of AIIB and NDB in the development of the Asian finance
BT  - Proceedings of the 2019 International Conference on Contemporary Education and Society Development (ICCESD 2019)
PB  - Atlantis Press
SP  - 23
EP  - 26
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccesd-19.2019.6
DO  - https://doi.org/10.2991/iccesd-19.2019.6
ID  - Igbal2019/07
ER  -