Convergence and Developmental Aspects of Credit Allocations in BRICS Nations

Ramesh Chandra Das is Professor of Economics at Vidyasagar University, West Bengal, India. He has more than 25 years of teaching and research experience in different fields of economics consisting of theoretical and applied macroeconomics, financial economics, environmental economics, and political economics. He has contributed numerous research papers to journals and books and has edited and written more than a dozen books published by leading publishers.

List of Figures. List of Tables. List of Contributors. Foreword. Acknowledgements. List of Abbreviations. Introduction Part I: Growth and Convergence Aspects of Financial Instruments in the BRICS Nations 1. New Development Bank: How it is New? 2. Convergence of Banking Expansion in BRICS countries: An Empirical Study 3. Convergence Analysis of Monetary Sector’s Credits in BRICS Nations 4. The New Development Bank for BRICS: Convergence of Emerging Economies for Development Cooperation 5. Quality of Bank Credit and Its Implications for Sustainable Growth: A Macro-Theoretic Introspection with reference to BRICS Nations 6. Newly Created Contingency Reserve for Pursuit of Smoother Trade: Evidence from BRICS 7. Role of Domestic Credit vis-à-vis Foreign Credit on BRICS Countries’ GDP and Export Growth 8. Inter-connections between financial sector and real sector: A new empirical investigation for BRICS nations 9. Remittances and its Impact on the Extension of Credit by Banks: A Panel Evidence from BRICS countries 10. Time and Growth Rate Required for the BRICS to Converge within Group as well as to Catch up G7 Countries 11. The nexus between uncertainty and credit growth in BRICS countries 12. A Quadrangular Analysis of Exports, Imports, Economic Growth and Exchange rate in the Post-liberalization Era — Evidence from BRICS 13. Capital Inflow and Financial Status of the Indian Economy: An Empirical Analysis Part II: Aspects of Sustainable Development in the BRICS Nations 14. Has Credit Growth led to Inclusive Development in BRICS Countries? A Panel Data Analysis 15. Financial Inclusion, Digitalization and Economic Development: Empirical Evidence from BRICS Countries 16. The Impact of Financial Development on Energy Investments for BRICS countries 17. Roles of Credits in BRICS Countries in Mitigating Climate Change and Supporting Sustainable Development and Economic Growth 18. Foreign Direct Investment, Economic Growth and the Environment: A Review of Environmental Degradation in BRICS 19. Inclusive Human Development and Growth in BRICS - An Empirical Insight 20. Good Governance for Inclusive Development: A Comparison of Bangladesh with the BRICS Member, India 21. BRICS Through the Prism of New Delhi: A Cautious and Limited Engagement 22. The Present Scenario of BRICS: Economy, Expansion and Challenges 23. Bank Credit, Community Participation and Inclusiveness: Evidences from Eastern India. Index.