Paulo Nogueira Batista: Decline of the IMF & Rise of the BRICS New Development Bank

Paulo Nogueira Batista Jr. is a former Executive Director at the IMF (2007-2015) and the founding Vice President of BRICS’ New Development Bank. Batista discusses how the IMF is used as a hegemonic instrument of power, and why the BRICS New Development Bank is more suited for the multipolar world.

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