Yakov and Partners – Bridging the Gap: Rise of the Alternative Financial Infrastructure

The main theme of the report concerns the development of alternative financial infrastructure in emerging markets.

Key findings include the need to modernize the international monetary and financial system (IMFS) to improve cross-border payments and investments, which can significantly impact economic growth. It is noted that eliminating inefficiencies in the flow of capital and investments between emerging markets could double the current levels of mutual investments among BRICS countries, but it still will not fully resolve the $4 trillion investment gap.