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Multilateralism, Developmental Regionalism, and the African Development Bank

Author

Listed:
  • Israel Nyaburi Nyadera

    (Faculty of Arts and Social Sciences, Egerton University, Kenya / School of International Relations and Diplomacy, Riara University, Kenya / Department of Government and Public Administration, University of Macau, Macau)

  • Billy Agwanda

    (Department of International Relations, Istanbul Commerce University, Turkey / Department of International Relations, Marmara University, Turkey)

  • Murat Onder

    (Faculty of Economics and Administrative Sciences, Boğaziçi University, Turkey)

  • Ibrahim Abdirahman Mukhtar

    (Department of International Relations, Ankara Yildirim Beyazit University, Turkey)

Abstract

Promoting development in Africa has faced significant challenges partly because of the continent’s peripheral access to global markets as well as its internal geographical limitations on the movement of people, goods, and services. However, the African Development Bank (AfDB) and its “developmental” role has emerged as a practical and tailored approach to Pan-African development, especially in the midst of a growing crisis in global multilateralism. This article argues that the AfDB can be a significant promoter of African development given its unique characteristics, focus areas, and lending style that are different from other multilateral institutions. Using a case-study approach, and by analysing literature on the AfDB, policy papers, and government reports, this study explores the developmental role of the bank and demonstrates its comparative advantage to other multilateral institutions in Africa.

Suggested Citation

  • Israel Nyaburi Nyadera & Billy Agwanda & Murat Onder & Ibrahim Abdirahman Mukhtar, 2022. "Multilateralism, Developmental Regionalism, and the African Development Bank," Politics and Governance, Cogitatio Press, vol. 10(2), pages 82-94.
  • Handle: RePEc:cog:poango:v:10:y:2022:i:2:p:82-94
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    References listed on IDEAS

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    1. N/A, 2004. "The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 190(1), pages 8-32, October.
    2. Blaise Gnimassoun, 2019. "How to Boost the Impact of Intra-African Trade on Income in Africa?," Open Economies Review, Springer, vol. 30(3), pages 541-557, July.
    3. Mansfield, Edward D. & Milner, Helen V., 1999. "The New Wave of Regionalism," International Organization, Cambridge University Press, vol. 53(3), pages 589-627, July.
    4. Easterly, William, 2009. "How the Millennium Development Goals are Unfair to Africa," World Development, Elsevier, vol. 37(1), pages 26-35, January.
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    6. Chris Humphrey, 2019. "‘Minilateral’ Development Banks: What the Rise of Africa's Trade and Development Bank says about Multilateral Governance," Development and Change, International Institute of Social Studies, vol. 50(1), pages 164-190, January.
    7. Israel Nyaburi Nyadera & UÄŸur Yasin Asal & Billy Agwanda, 2021. "The Role of Regional Organisations in Economic Growth Among Developing Countries: A Case of the Af DB," India Quarterly: A Journal of International Affairs, , vol. 77(3), pages 384-403, September.
    8. Miles Kellerman, 2019. "The proliferation of multilateral development banks," The Review of International Organizations, Springer, vol. 14(1), pages 107-145, March.
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    Cited by:

    1. Wil Hout & Michal Onderco, 2022. "Developing Countries and the Crisis of the Liberal International Order," Politics and Governance, Cogitatio Press, vol. 10(2), pages 1-5.

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