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The Global Architecture of Multilateral Development Banks: A System of Debt or Development?
 

The Global Architecture of Multilateral Development Banks: A System of Debt or Development? (Hardback)

By Bazbauers, Adrian Robert
By Engel, Susan

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This book explores the evolution of the 30 functioning multilateral development banks (MDBs). MBDs have their roots in the growing system of international finance and multilateral cooperation, with the first recognisable MDB being proposed by Latin America in financial cooperatio...n with the US in the late 1930s. That Inter-American Bank did not eventuate but was a precursor to the World Bank being negotiated at Bretton Woods in 1944. Since then, a complex network of regional, sub-regional, and specialised development banks has progressively emerged across the globe, including two significant recent entrants established by China and the BRICS. MDBs arrange loans, credits, and guarantees for investment in member states, generally with the stated aim of fostering economic growth. They operate in both the Global North and South, though there are more MDBs focusing on emerging and developing states. While the World Bank and some of the larger regional banks have been scrutinised, little attention has been paid to the smaller banks or the overall system. This book provides the first study of all 30 MDBs and it evaluates their interrelationships. It analyses the emergence of the MDBs in relation to geopolitics, development paradigms and debt. It includes sections on each of the banks as well as on how MDBs have approached the key sectors of infrastructure, human development, and climate. This book will be of particular interest to researchers of development finance, global governance, and international political economy.
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ISBN 9780367440244
Released NZ 12 Mar 2021
Publisher Taylor & Francis Ltd
Format Hardback
Series Routledge Explorations in Development Studies
Availability
Back Order Indent title (sourced internationally), Allow 8-12 weeks due to Covid 19 freight delays

Full details for this title

ISBN-13 9780367440244
Stock Available
Status Back Order Indent title (sourced internationally), Allow 8-12 weeks due to Covid 19 freight delays
Publisher Taylor & Francis Ltd
Imprint Routledge
Released 12 Mar 2021
Publication Country United Kingdom United Kingdom
Format Hardback
Author(s) By Bazbauers, Adrian Robert
By Engel, Susan
Series Routledge Explorations in Development Studies
Category Development Studies
Politics & Government
Development Economics
Number of Pages 286
Dimensions Width: 156mm
Height: 234mm
Dewey Code 332.153
Weight 721g
Interest Age 19+ years
Reading Age 19+ years
Library of Congress Development banks, International finance
NBS Text Economics: Professional & General
ONIX Text College/higher education

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