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Regional Development Banks in Comparison - Banking Strategies versus Development Goals (Paperback)
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Regional Development Banks in Comparison - Banking Strategies versus Development Goals (Paperback)
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In a study that contributes to international relations and
international political economy theory, Ruth Ben-Artzi raises
substantive issues relating to aid, development, international
relations and globalization. Regional development banks (RDBs),
designed by politicians and economists to maneuver through
labyrinths of economic, social, and political development, possess
the potential to be central players in the long-term planning
involved in healing and advancing poverty-plagued regions. However,
RDBs in particular have received little attention. With a
systematic analysis comparing four central regional development
banks, this book explores why there is a variation in strategy
despite similar institutional design. The formal arrangements and
raison d'etre of RDBs is to assist developing countries in the
process of poverty alleviation - a task that is often a risky
investment. Focusing on the dichotomy between their banking and
development roles, Ben-Artzi demonstrates that RDBs are potentially
critical catalysts in the fight against poverty, even with their
institutional limitations.
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