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612-822-4611
Financing the Future: Multilateral Development Banks in the Changing World Order of the 21st Century

Financing the Future: Multilateral Development Banks in the Changing World Order of the 21st Century

Hardcover

AccountingBusiness General

ISBN10: 0192871501
ISBN13: 9780192871503
Publisher: Oxford University Press
Published: Mar 22 2023
Pages: 234
Weight: 1.14
Height: 0.83 Width: 6.34 Depth: 9.52
Language: English
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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