1 Beginnings

2018 ◽  
Author(s):  
Lichtenstein Natalie
Keyword(s):  
World Bank ◽  
Asian Development Bank ◽  
Infrastructure Investment ◽  
Development Bank ◽  
Investment Bank ◽  
Multilateral Development Banks ◽  
The World Bank ◽  
The World ◽  
African Development Bank

Chapter 1, Beginnings, introduces the Asian Infrastructure Investment Bank (AIIB), the book and its author. The origins of the AIIB proposal by China are discussed, along with the global economic and geo-political aspects that led to its establishment. There are comparisons to the establishment of other multilateral development banks: the World Bank, and the Inter-American Development Bank (IADB), the Asian Development Bank (AsDB), the African Development Bank (AfDB) and the European Bank for Reconstruction and Development (EBRD). The steps in the negotiating process in 2014–2015 are summarized, and presented in a table of the 57 countries that participated. The author describes her role in drafting the AIIB Charter and some of the considerations in the choice of model.

10 Reflections

2018 ◽  
Author(s):  
Lichtenstein Natalie
Keyword(s):  
International Relations ◽  
World Bank ◽  
Future Development ◽  
Asian Development Bank ◽  
Development Bank ◽  
Multilateral Development Banks ◽  
The World Bank ◽  
The World ◽  
African Development Bank ◽  
Financial Environment

Chapter 10, Reflections, draws on the histories of AIIB’s predecessors to single out themes that may prove relevant for AIIB’s future development. Examples are taken from the stories of the World Bank, and the Inter-American Development Bank (IADB), the Asian Development Bank (AsDB), the African Development Bank (AfDB) and the European Bank for Reconstruction and Development (EBRD). Principal themes are: economic and financial environment; international relations and politics; funding; membership changes; major shareholders; clients and operations; leadership and governance; and attitudes toward change. While AIIB has been established in a world far different from the second half of the twentieth century that saw the birth of its predecessors, many of these aspects of the development of these multilateral development banks may prove similarly influential as AIIB’s future unfolds.

Holding Multilateral Development Banks to Account: Gateways and Barriers

2008 ◽  
Vol 10 (2) ◽  
pp. 199-226 ◽  
Author(s):  
Suresh Nanwani
Keyword(s):  
International Development ◽  
World Bank ◽  
Asian Development Bank ◽  
Development Bank ◽  
International Organisations ◽  
Multilateral Development Banks ◽  
International Bank ◽  
The World Bank ◽  
The World ◽  
Development Banks

AbstractThis article offers an examination of the development and operation of accountability mechanisms in multilateral development banks. These mechanisms are gateways for citizens, as non-state actors, to file their grievances in projects that adversely affect them against these international organisations at the international level. The study focuses on the accountability mechanisms established at the World Bank (International Bank for Reconstruction and Development and International Development Association) and the Asian Development Bank, and other initiatives and avenues provided by these institutions addressing accountability issues. The article offers an analysis of barriers encountered by claimants in accessing these mechanisms based on insights generated by way of claims filed and participation in accountability procedures. It suggests ways in which civil society's demands for accountability in multilateral development banks and other financial institutions can move forward.

Leveraging Broadband for e-Government and Development in Africa

2015 ◽  
pp. 569-591
Author(s):  
Stephen Kwamena Aikins
Keyword(s):  
Economic Growth ◽  
Best Practices ◽  
World Bank ◽  
Development Bank ◽  
African Development ◽  
Mobile Broadband ◽  
The World Bank ◽  
The World ◽  
Substantial Progress ◽  
African Development Bank

This study investigated the extent and benefits of Africa's broadband connectivity, its impact on e-government and economic growth, and the challenges and best practices for addressing them. Studies by the UN and ITU over the years have revealed Africa lags behind in the global broadband connectivity and e-government diffusion. The Connect Africa summit held in 2007 by the ITU and its partners came out with five specific goals to connect the continent and help improve its economy. This study reviewed the Connect Africa Outcomes Report, and analyzed the publications of three independent studies conducted by: a) the ITU, b) the World Bank and the African Development Bank, and c) Informa Telecoms and Media. The findings reveal that Africa has made substantial progress in international connectivity and mobile broadband penetration. Additionally, broadband connectivity has contributed toward some improvements in e-government initiatives and economic growth. The study concludes with recommendations to address the existing challenges to consolidate the gains made.

Technical Assistance Evaluation Program - Findings of Evaluations and Updated Program

Policy Papers ◽  
2010 ◽  
Vol 2010 (62) ◽  
Author(s):  
Keyword(s):  
International Finance ◽  
World Bank ◽  
Technical Assistance ◽  
Economic Assessment ◽  
Asian Development Bank ◽  
Kyrgyz Republic ◽  
Development Bank ◽  
International Finance Corporation ◽  
The World Bank ◽  
The World

The Kyrgyz Republic -- Joint Economic Assessment: Reconciliation, Recovery and Reconstruction; Prepared by the Asian Development Bank, International Monetary Fund, and The World Bank; With the participation of Eurasian Development Bank, European Bank for Reconstruction and Development, European Commission, International Finance Corporation, and The United Nations

Reforming Nigeria's oil sector will have mixed success

2016 ◽  
Keyword(s):  
Federal Government ◽  
World Bank ◽  
Development Bank ◽  
Content Type ◽  
Percentage Point Increase ◽  
The World Bank ◽  
Point Increase ◽  
The World ◽  
African Development Bank ◽  
Oil Sector

Significance Revelations by an investigative commission that the Nigerian National Petroleum Corporation (NNPC) withheld 25 billion dollars from the federal government between 2011 and 2015 will add urgency to the proceedings. Impacts Concessional loans from the World Bank, African Development Bank and China Exim Bank may fund Nigeria's 'stimulus' budget. Low oil prices will constrain economic growth -- expected to be 4.6%, well below the 6.8% average during the decade ending 2014. The central bank's decision to raise its benchmark interest rate to 12% (a full percentage point increase) will dampen consumer demand.

Nepal - Assessment Letter for the Asian Development Bank

Policy Papers ◽  
2009 ◽  
Vol 09 ◽  
Author(s):  
Keyword(s):  
World Bank ◽  
Financial Institutions ◽  
Asian Development Bank ◽  
International Financial Institutions ◽  
Development Bank ◽  
Asian Development ◽  
The World Bank ◽  
Emergency Assistance ◽  
The World

Assessment Letters or Statements may be prepared for member countries with Fund-supported programs; receiving Fund emergency assistance; with staff-monitored programs; or surveillance-only cases. They are typically produced for use by the country with multilateral or bilateral donors or creditors, in particular the World Bank and other International Financial Institutions.

Investment and Development Banks and Strategies in Turkey

2014 ◽  
pp. 131-140
Author(s):  
Ismail Erkan Celik ◽  
Hasan Dinçer ◽  
Ümit Hacioğlu
Keyword(s):  
World Bank ◽  
Industrial Development ◽  
International Investment ◽  
Investment Strategies ◽  
Development Bank ◽  
Investment Bank ◽  
Investment Projects ◽  
The World Bank ◽  
The World ◽  
Development Banks

The World Bank is the most important financier for international investment. The bank opens credits mostly for investment projects in developing countries. Turkey has received various investment credits since its membership to the World Bank on March 11, 1947. The credits were used for economic and social domains. Turkey has also been granted credits from the European Investment Bank (EIB). The credits received are composed of micro credits that belong to Small and Medium Enterprises (SMEs). A regional development bank, Islamic Development Bank, has also received credits through Eximbank and Industrial Development Bank of Turkey (TSKB) to finance Turkish SMEs. This chapter deals with Turkish investment strategies in the framework of basic principles of investment – development banks.

Sign in / Sign up

Export Citation Format

Share Document