Revisiting the R5 Paradigm
... In particular there is the Regional Comprehensive Economic Partnership (RCEP) led by China and the ASEAN economies. In Africa the key integration initiative is the African... ... blocks and the signing of the respective memoranda between the Eurasia Economic Union, MERCOSUR and ASEAN. The possible scope for the use of national currencies within the... ... has also been broadened in recent periods via the expansion in the membership of the BRICS New Development Bank (NDB). In particular, among the new members of NDB is United...