EXIM bank invites Entries for BRICS Economic Research Award 2018

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Mumbai, January 9, 2018 : Export-Import Bank of India (Exim Bank) of India has opened entries for the 2018 edition of its BRICS Economics Research Award (BRICS Award). The objective of the Award is to stimulate and encourage advanced doctoral research on economics related topics of contemporary relevance to the member nations of BRICS. The Award consists of prize money of Indian Rupees 1.5 million (approximately USD 23,000) sponsored by Exim Bank, a medal and a citation.

The Award accepts as entries, doctoral thesis written by nationals of any of the five member nations of BRICS, i.e., Brazil, Russia, India, China and South Africa; who have been awarded a doctorate or accepted for award of a doctorate from any recognized nationally accredited University or global academic institution, during the period January 2013 to March 2018, are eligible to participate and receive the Award. The broad focus of the eligible theses could be International Economics, Trade, Development, and related aspects of Financing, which may also have particular relevance especially to BRICS nations/ member development banks of BRICS.

Exim Bank is the nominated member development bank under the BRICS Interbank Cooperation Mechanism, along with other nominated member development banks from member nations of BRICS namely Banco Nacional de DesenvolvimentoEconomicoe Social (BNDES), Brazil; State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank), Russia; China Development Bank Corporation (CDB), China, and Development Bank of Southern Africa (DBSA), South Africa. Exim Bank is also a signatory to the multilateral cooperation agreement signed among the member development banks of member nations of BRICS. In the context of India’s Chairmanship of the BRICS Forum during 2016, and under Exim Bank’s Presidency of the BRICS Interbank Cooperation Mechanism, Exim Bank instituted the BRICS Economic Research Award in March 2016.

Exim Bank BRICS Award represents the Bank’s ongoing efforts at promoting research and analysis in the area of international economics, trade & development and related financing.