"After providing a brief overview of relations between India, Brazil and South Africa after the end of the Cold War, this chapter recounts the intellectual origins of IBSA, the motivations that led the three countries to create the grouping, and two instances of successful cooperation, one...

This paper discusses the movement of capital flows to and from the exchange rate regimes and monetary policies of China, India, Brazil, and South Africa (CIBS). Furthermore, we compare the level of financial stability, and the composition and duration of capital flows of the countries on a...