---
title: "BRICS Expansion & the New Development Banks Explained"
description: "Trace BRICS from 2009 through its recent expansion, plus the New Development Bank and Contingent Reserve Arrangement as alternative architecture for the exam."
url: "https://modeldiplomat.com/learn/lessons/exam-global-institutions-brics-expansion-the-new-development-banks"
---

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BRICS expansion & the new development banks

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Lesson 18 min 20 XP

# BRICS expansion & the new development banks

BRICS from 2009 to the 2024 Johannesburg-mandated expansion, plus the New Development Bank and the Contingent Reserve Arrangement as alternative financial architecture.

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