The Dual Nature of Multilateral Development Banks

Language: English

Published by Cambridge University Press, GB, 2023

1009392301 / 9781009392303

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This Element offers a novel, highly relevant perspective towards Multilateral Development Banks (MDBs), which are development and financial organizations at the same time. Based on the elaborate institutional logics perspective borrowed from organizational sociology, it uncovers the complex trade-offs between financial and development pressures faced by MDBs and explains variation in organizational responses thereto across types of MDBs. The argument is tested with an original dataset using Data Envelopment Analysis to explain variation in response patterns across MDBs. The analysis shows that lending to the private sector as well as being predominantly owned by borrowing members increase MDBs' emphasis on the financial at the expense of the development nature. Thereby, this Element provides unique insights into MDBs' responses to their dual nature and significantly advances our understanding of MDB lending operations, drawing attention to the complexities involved in the unique MDB business model.…

Seller Inventory # LU-9781009392303

Title
The Dual Nature of Multilateral Development Banks
Author
Laura Francesca Peitz
Publisher
Cambridge University Press, GB
Publication year
2023
Condition
New
Binding
Paperback
Language
English
ISBN 10
1009392301
ISBN 13
9781009392303
Item weight
144 grams

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