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After the Berlin Wall - A History of the EBRD, Volume 1 (Paperback)
Loot Price: R854
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After the Berlin Wall - A History of the EBRD, Volume 1 (Paperback)
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After the Berlin Wall tells the inside story of an international
financial institution, the European Bank for Development and
Reconstruction (EBRD), created in the aftermath of communism to
help the countries of central and eastern Europe transition towards
open market-oriented democratic economies. The first volume of a
history in two parts, After the Berlin Wall charts the EBRD's life
from a fledgling high-risk, start-up investing in former socialist
countries from 1991 to become an established member of the
international financial community, which (as of April 2020)
operates in almost 40 countries across three continents. This
volume describes the multilateral negotiations that created this
cosmopolitan institution with a 'European character' and the
emergence of the EBRD's unique business model: a focus on the
private sector and a mission to deliver development impact with
sustainable financial returns. The author recounts the challenges
that 'transition' countries faced in moving from a defunct to a
better economic system and maps the EBRD's response to critical
events, from the dissolution of the Soviet Union, to the safe
confinement of the Chernobyl disaster site, the debt default in
Russia and the onset of the global financial crisis in 2008.
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