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Home > Business and Economics > Economics > Development economics and emerging economies > 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

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


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About the Book

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.

Table of Contents:
1: Follow the Money: The Financial Machinery of MDBs 2: Who's In Charge? Governance Across MDBs 3: The Legacy MDBs: World Bank and Major Regionals 4: Borrower-led MDBs: Developing Countries In Charge 5: New MDBs Step Onto the Stage: Asian Infrastructure Investment Bank and New Development Bank References Index

About the Author :
Chris Humphrey is a senior scientist at ETH Center for Development and Cooperation and a senior research associate with ODI, specializing in international development finance. He completed his PhD at the London School of Economics and holds a masters from the Johns Hopkins School of Advanced International Studies. Dr. Humphrey has published widely on development finance in academic and policy publications, has consulted for numerous development institutions and governments, and in 2021 was named by the G20 to a panel reviewing the financial policies of MDBs. In a previous career, Chris worked as a journalist based in Mexico City.

Review :
this book is a must-have addition to the bookshelves of development policymakers and academics interested in international organizations and development. The analysis... sheds light on the financial model of MDBs. Recommended. Advanced undergraduates through faculty and professionals.


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Product Details
  • ISBN-13: 9780192871503
  • Publisher: Oxford University Press
  • Publisher Imprint: Oxford University Press
  • Height: 241 mm
  • No of Pages: 234
  • Spine Width: 16 mm
  • Weight: 672 gr
  • ISBN-10: 0192871501
  • Publisher Date: 22 Dec 2022
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Sub Title: Multilateral Development Banks in the Changing World Order of the 21st Century
  • Width: 163 mm


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