000			01694nam a22001577a 4500
999			_c522013 _d522013
008			230307b ||||| |||| 00| 0 eng d
100			_aHooijmaaijers, Bas _938276
245			_aThe internal and external institutionalization of the BRICS countries: The case of the new development bank
260			_aInternational Political Science Review
300			_a43(4), Sep, 2022: p.481-494
520			_aThis article explores and explains the internal and external institutionalization of the BRICS (Brazil, Russia, India, China, and South Africa) countries via a case study of the New Development Bank. It contributes to the existing literature on the BRICS and the New Development Bank by identifying internal and external factors of institutionalization and by presenting the most recent developments in the field. The internal and external channels of cooperation complement the traditional one based on hosting annual joint BRICS summits. In 2014, these five countries institutionalized their cooperation with an agreement to establish this Bank. The recently established various New Development Bank regional offices play an essential role in its internal and external institutionalization. The New Development Bank is still very much in development. Nonetheless, the internal and external institutionalization approaches provide useful conceptual lenses to understand BRICS cooperation via the New Development Bank better. – Reproduced
650			_aBRICS, New development bank, Internal Institutionalization, External institutionalization, International political economy. _936637
773			_aInternational Political Science Review
906			_aGLOBAL GOVERNANCE
942			_cAR