The Multilateral Development Banks Volume 1: The African Development Bank

1997 ◽  
Vol 96 (383) ◽  
pp. 287-289
Author(s):  
V. MURINDE
2019 ◽  
pp. 151-157
Author(s):  
S. S. Matveevskii

The existence of a system for assessing the activities of development banks is a necessary condition for a significant contribution of banks to economic development. The article deals with the experience of evaluating the effectiveness of projects and activities of development banks on the examples of the German development Bank, the Asian development Bank and the African development Bank. It has been revealed, that development banks for the evaluation of projects, their activities apply financial and socio-economic indicators, which are used to improve the work of development banks. The basic requirements for the evaluation of projects and activities of development banks have been formulated. The practical experience of the German development Bank, the Asian development Bank and the African development Bank can be used by Vnesheconombank, which is confirmed by scientific studies of Russian authors.


1981 ◽  
Vol 35 (2) ◽  
pp. 303-328 ◽  
Author(s):  
Stephen D. Krasner

This paper examines the experience of developing countries in the three major regional financial institutions, the Inter-American, Asian, and African Development Banks. In the Inter-American Development Bank, members from developing countries have secured both influence and resources; in the Asian Development Bank they have secured resources but little influence; in the African Development Bank they have influence but limited resources. This variation can be explained by the different issue area power structures within which the banks function. The Inter-American Development Bank has functioned within a hegemonic structure. The dominant power, the United States, pursued long-term political objectives and accepted considerable autonomy for developing countries within the Bank. The Asian Development Bank has functioned within a bipolar structure with Japan playing an increasingly important role. As a normal power, Japan has pursued tangible economic interests and has constrained the behavior of the Asian Development Bank. Until the late 1970s the African Development Bank functioned in a multipolar structure that largely excluded nonregional countries. This exclusion made it impossible to generate substantial resources. Experience in the regional development banks suggests that a hegemonic structure can offer weaker states both resources and influence provided that the milieu goals of the dominant power are not violated.


1978 ◽  
Vol 8 (2-3) ◽  
pp. 74-74

The Department of the Treasury has a limited involvement in Africa through the United States’ membership in the African Development Fund (AFDF) which the Treasury oversees. Members of the Fund are seventeen non-regional donor countries and the African Development Bank, representing its forty-five member states. The U.S. joined the Fund in November, 1975 with an initial contribution of $15 million or 4 per cent of $340 million pledged to AFDF as of April, 1977. The Administration has asked Congress to appropriate an additional $10 million in the FY 1978 budget. This figure represents 0.38 per cent of the funds requested by Treasury for international development banks in FY 1978 and 0.033 per cent of the Treasury’s total requested budget.


2019 ◽  
Vol 12 (1) ◽  
pp. 98-109
Author(s):  
V. V. Antropov

The subject of the researchis the functioning of multilateral development banks in the world economy and prospects for their cooperation with Russia.The relevanceof the problem is due, firstly, to the need to make a revision of the Russian policy of cooperation with international financial organizations so as to use their practices in programs of socioeconomic transformations and expand the country’s presence in the global economy, and, secondly, to the availability of huge resources accumulated by the largest multilateral banks with prospects of their use for the domestic economy modernization.The purpose of the researchwas to consider the business specifics and prospects of cooperation of multilateral development banks with Russia with a focus on investment activities carried out by the World Bank divisions and three multilateral development banks — the African Development Bank, the Asian Development Bank and the Inter-American Development Bank — that are analyzed in terms of their functions at the regional level and in the world economy. The paper gives an assessment of the current state of Russia’s cooperation with multilateral development banks and examines its prospects.It is concludedthatRussia needs to develop an understanding of its own position with regard to the activities of the above organizations and build a cooperation system that would contribute to the realization of its national interests and be in line with the country’s economic development policies.


2020 ◽  
Vol 42 (3) ◽  
pp. 597-619
Author(s):  
Andrea Molinari ◽  
Leticia Patrucchi

Abstract Given their attractiveness as a source of financing for the least developed countries, multilateral development banks (MDBs) have grown in quantity and size supported by their sources of financing. We believe that this ‘resource dependency’ has not been sufficiently questioned in the literature, especially regarding the credit exposure these organizations have with their largest borrowing members. This article characterizes and identifies the differential effects of the three sources that make up the dependence on resources in the MDBs: capital contributions, leverage in the markets and their credit function. We analysed these sources particularly at the International Development Bank (IBRD), the Inter-American Development Bank (IDB) and the African Development Bank (AfDB) and in two recent events: the risk exchange implemented by the referred MDBs in 2015 and the effect of the Argentina’s selective default on the IDB’s capital adequacy (2014). We find an increasing relevance of leverage and the size of loans, which models a dependence on resources that weakens the development mandate of these organizations.


1975 ◽  
Vol 14 (1) ◽  
pp. 149-152
Author(s):  
M.A. Behzad

Development Financing under Constraints, as the author himself puts it, is 'aimed to recapitulate the spirit in which the African Development Bank was founded, describe how it later functioned and why it functioned the way it did'. The study is an excellent attempt to highlight economic cooperation and integ¬ration and to discuss its rationale in view of the given constraints. The main idea behind the establishment of an institution, like the African Develop¬ment Bank (ADB), was necessarily an 'all-African Investment Bank' to promote development projects. The newly independent nations of Africa, lacking as they are in the basic infrastructure, are beset with difficulties in surviving as economically viable units. As such, the need for a pooling of resources and for technical know-how is particularly imperative


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