Items related to The Global Architecture of Multilateral Development...

The Global Architecture of Multilateral Development Banks: A System of Debt or Development? (Routledge Explorations in Development Studies) - Hardcover

Book 49 of 71: Routledge Explorations in Development Studies

Bazbauers, Adrian Robert; Engel, Susan

 
9780367440244: The Global Architecture of Multilateral Development Banks: A System of Debt or Development? (Routledge Explorations in Development Studies)
Hardcover
ISBN 10: 0367440245 ISBN 13: 9780367440244
Publisher: Routledge, 2021

Synopsis

This book explores the evolution of the 30 functioning multilateral development banks (MDBs). MDBs 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 cooperation 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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About the Author

Adrian Robert Bazbauers is a Lecturer in International Public Sector Management, School of Business, UNSW Canberra, Australia.

Susan Engel is an Associate Professor in Politics and International Studies, University of Wollongong, Australia.

"About this title" may belong to another edition of this title.

Publisher
Routledge
Publication date
2021
Language
English
ISBN 10 
0367440245
ISBN 13 
9780367440244
Binding
Hardcover
Edition number
1
Number of pages
304