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Financing the Future - Multilateral Development Banks in the Changing World Order of the 21st Century (Hardcover)
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Financing the Future - Multilateral Development Banks in the Changing World Order of the 21st Century (Hardcover)
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Financing the Future explains how the unique governance
arrangements and financial model of Multilateral Development Banks
(MDB) shape their behavior. Outlining a theoretical framework
suitable to the 30-odd MDBs around the world, the book uses this to
show how different sets of MDBs are grappling with the challenges
of the 21st century. This is the first book to explain the core of
the MDB model as a unique class of international institution and
shows how that model is playing out the traditional large MDBs,
smaller borrower-led banks, and the two new MDBs recently created
with the support of China. The combination of an original
theoretical approach, rich quantitative and qualitative empirics,
and clear writing means this book will appeal to both academic and
practitioner audiences.
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