A bank of, for, and by, the developing world

South Africa's president Jacob Zuma (R) and his Chinese counterpart Xi Jinping attend a meeting at the Union Buildings in Pretoria on March 26, 2013.

Leaders of the BRICS nations -- Brazil, Russia, India, China and South Africa -- are wrapping up a summit today. They have a new plan to create a bank to fuel economic growth in the developing world.

The BBC's Matt Davies joins Marketplace Morning Report host Jeremy Hobson from the summit in Durban, South Africa to discuss the details behind the bank plan.


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