Devex Executive Review: A look into the future of global development

By Ma. Eliza Villarino 17 July 2015

Participants in the BRICS Finance Ministers and Central Bank Governors’ Meeting and meeting of the Board of Governors of the BRICS New Development Bank. Photo by: BRICS Russia

Devex has released the Summer 2015 edition of the Devex Executive Review, featuring top news stories, recent high-level appointments and key findings from our survey of development professionals on what they see as the profile of next-generation aid workers.  

Last week, the New Development Bank, a financing institution created by Brazil, Russia, India, China and South Africa — collectively known as BRICS — had its first board of governors meeting. At the gathering in Moscow, Russian Finance Minister Anton Siluanov announced that NDB will partner with the China-led Asian Infrastructure Investment Bank to finance projects in the Silk Road trade route.

The creation of NDB and AIIB reflects the growing footprint of emerging donors such as BRICS in global development. In "Devex Reports: Emerging Donors," we took a close look at the practices and priorities of these donors and featured some of the key findings in the current issue of the DER.

The publication’s Summer 2015 edition also offers insights into the future of development cooperation in Myanmar, which is due to have a national election in November. Read our interview with Andrew M. Lee, who leads the GE's operations in Myanmar, about the risks and rewards of investing the Asian nation.

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About the author

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Ma. Eliza VillarinoDevexElizaJV

Currently based in New York City, Eliza is a veteran journalist focused on covering the most pressing issues and latest innovations in global health, humanitarian aid, sustainability and development. A member of Mensa, Eliza has earned a master's degree in public affairs and bachelor's degree in political science from the University of the Philippines.


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