The Bank of the South: an alternative for development finance?
18 May 2007
Debates about the future role of the Bank of the South are just beginning.
Different social actors have spoken out about the creation of the Banco del Sur. They have suggested the necessity of making the Banco del Sur different from the current International Financial Institutions (IFIs) such as the World Bank, International Monetary Fund and Inter-American Development Bank. Placing emphasis on the creation of the Bank is an important step, if not the most important argues Fabrina Furtado.