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A Comparative Guide to the Asian Infrastructure Investment Bank (Hardcover)
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A Comparative Guide to the Asian Infrastructure Investment Bank (Hardcover)
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The Asian Infrastructure Investment Bank, first opened in 2016, is
a 100 billion dollar multilateral development bank purpose-built to
support infrastructure projects that enhance regional economic
productivity. Its arms reach far: in its first two years, AIIB has
financed transport systems such as national motorways in Pakistan,
railways in Oman, and rural roads in India; energy projects
including natural gas pipelines in Azerbaijan and hydropower plants
in Tajikistan; and the redevelopment of impoverished areas in
Indonesia. Initiated by China, its membership is global, with
regional powers from Korea to Saudi Arabia, and key players from
Europe, Africa, and Latin America. In a text that will appeal to
general readers and legal specialists alike, Natalie Lichtenstein
examines the Bank's mandate, investment operations, finance,
governance, and institutional set up, as well as providing detailed
analyses of the similarities and differences it has with other
development banks - charting AIIB's story so far and anticipating
its future.
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