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Will the AIIB and the NDB Help Reform Multilateral Development Banking?

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  • Helmut Reisen

Abstract

type="graphical" xml:id="gpol12250-abs-0002"> The potential for repeated loans, together with the credible threat to cut off future lending when terms and conditions are not met, can be exploited to help ensure borrower compliance.

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  • Helmut Reisen, 2015. "Will the AIIB and the NDB Help Reform Multilateral Development Banking?," Global Policy, London School of Economics and Political Science, vol. 6(3), pages 297-304, September.
    • Handle: RePEc:bla:glopol:v:6:y:2015:i:3:p:297-304
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    File URL: http://hdl.handle.net/10.1111/gpol.2015.6.issue-3
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    References listed on IDEAS

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    1. Chelsky, Jeff & Morel, Claire & Kabir, Mabruk, 2013. "Investment Financing in the Wake of the Crisis: The Role of Multilateral Development Banks," World Bank - Economic Premise, The World Bank, issue 121, pages 1-5, June.
    2. Jeff Chelsky & Claire Morel & Mabruk Kabir, 2013. "Investment Financing in the Wake of the Crisis," World Bank Publications - Reports 22619, The World Bank Group.
    3. Erdem, Orhan & Varli, Yusuf, 2014. "Understanding the sovereign credit ratings of emerging markets," Emerging Markets Review, Elsevier, vol. 20(C), pages 42-57.
    4. Yasuyuki Sawada, 2014. "Japan's Strategy for Economic Cooperation with Asian Countries," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 10(1), pages 53-76, March.
    5. Myriam Dahman Saidi & Christina Wolf, 2011. "Recalibrating Development Co-operation: How Can African Countries Benefit from Emerging Partners?," OECD Development Centre Working Papers 302, OECD Publishing.
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    Cited by:

    1. Fang Ye, 2023. "The New Development Bank and the structure of the multilateral development financial system," Review of Development Economics, Wiley Blackwell, vol. 27(3), pages 1957-1972, August.
    2. Eugenia C. Heldt & Thomas Dörfler, 2022. "Orchestrating private investors for development: How the World Bank revitalizes," Regulation & Governance, John Wiley & Sons, vol. 16(4), pages 1382-1398, October.
    3. Bernhard Reinsberg & Sebastian Dellepiane, 2022. "Development co‐operation by European regions: Introducing the subnational donor governance dataset," Development Policy Review, Overseas Development Institute, vol. 40(6), November.
    4. Mingchun Cao & Ilan Alon, 2020. "Intellectual Structure of the Belt and Road Initiative Research: A Scientometric Analysis and Suggestions for a Future Research Agenda," Sustainability, MDPI, vol. 12(17), pages 1-40, August.
    5. Salvatore Babones & John H.S. Åberg & Obert Hodzi, 2020. "China's Role in Global Development Finance: China Challenge or Business as Usual?," Global Policy, London School of Economics and Political Science, vol. 11(3), pages 326-335, May.
    6. Naoyuki Yoshino & Monzur Hossain & Farhad Taghizadeh-Hesary, 2020. "Enhancing Financial Connectivity Between Asia and Europe: Implications for Infrastructure Convergence Between the Two Regions," Asian Economic Papers, MIT Press, vol. 19(2), pages 84-101, Summer.
    7. Hang Luo & Lize Yang & Kourosh Houshmand, 2021. "Power Structure Dynamics in Growing Multilateral Development Banks: The Case of the Asian Infrastructure Investment Bank," Global Policy, London School of Economics and Political Science, vol. 12(1), pages 24-39, February.
    8. Gu, Jing & Renwick, Neil & Xue, Lan, 2018. "The BRICS and Africa's search for green growth, clean energy and sustainable development," Energy Policy, Elsevier, vol. 120(C), pages 675-683.
    9. Hai Yang, 2023. "Rhetorical coercion, institutional legitimacy and the creation of the Asian Infrastructure Investment Bank," Global Policy, London School of Economics and Political Science, vol. 14(5), pages 730-741, November.
    10. Stuart Shields, 2020. "The EBRD, fail forward neoliberalism and the construction of the European periphery," The Economic and Labour Relations Review, , vol. 31(2), pages 230-248, June.
    11. Hongying Wang, 2019. "The New Development Bank and the Asian Infrastructure Investment Bank: China's Ambiguous Approach to Global Financial Governance," Development and Change, International Institute of Social Studies, vol. 50(1), pages 221-244, January.
    12. Garroway, Christopher & Reisen, Helmut, 2015. "Financing global development: Beware of ‘end poverty’ euphoria and trigger-happy reform of concessional finance," Briefing Papers 12/2015, German Institute of Development and Sustainability (IDOS).
    13. Hang Luo & Lize Yang, 2021. "Equality and Equity in Emerging Multilateral Financial Institutions: The Case of the BRICS Institutions," Global Policy, London School of Economics and Political Science, vol. 12(4), pages 482-508, September.
    14. Andrew F. Cooper, 2017. "The BRICS’ New Development Bank: Shifting from Material Leverage to Innovative Capacity," Global Policy, London School of Economics and Political Science, vol. 8(3), pages 275-284, September.

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    More about this item

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

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