The New Development Bank: Empowering Global Growth and Development The New Development Bank (NDB) is an international financial institution that aims to foster sustainable development and support infrastructure projects in emerging economies. Established in 2014 by the BRICS countries (Brazil, Russia, India, China, and South Africa), the NDB has quickly gained recognition as a key …
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The European Bank for Reconstruction and Development (EBRD) is an international financial institution that plays a crucial role in promoting sustainable development and fostering economic growth in countries across Europe, Central Asia, and the Southern and Eastern Mediterranean region. Established in 1991, the EBRD has been at the forefront of supporting transition economies as they …
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