01628cas a2200253 a 4500 AALejournalIMF011736 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475502268 1018-5941 BD-DhAAL BD-DhAAL Yang, Yongzheng. BRICs' Philosophies for Development Financing and their Implications for LICs / Yongzheng Yang, Nkunde Mwase. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding Russia) view their financing as primarily based on the principles of South-South cooperation, focusing on mutual benefits without attachment of policy conditionality. This paper provides an overview of the philosophies and modalities of BRIC financing and examines their implications for LIC economies and future LIC-BRIC engagement. Mode of access: Internet Mwase, Nkunde. IMF Working Papers; Working Paper ; No. 2012/074 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/074/001.2012.issue-074-en.xml IMF e-Library