000			02193nam a22002057a 4500
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041			_aeng-
082			_a332.153 _bBAZ-G
100			_aBazbauers, Adrian Robert _eAuthor.
245			_aThe Global Architecture of Multilateral Development Banks : _b A System of Debt or Development? / _cSusan Engel, Adrian Robert Bazbauers
260			_aNewyork : _bRoutledge, _c2022.
300			_a286p.
504			_aIncludes bibliographical references and index.
520			_aThis book explores the evolution of the 30 functioning multilateral development banks (MDBs). MDBs have their roots in the growing system of international finance and multilateral cooperation, with the first recognisable MDB being proposed by Latin America in financial cooperation with the US in the late 1930s. That Inter-American Bank did not eventuate but was a precursor to the World Bank being negotiated at Bretton Woods in 1944. Since then, a complex network of regional, sub-regional, and specialised development banks has progressively emerged across the globe, including two significant recent entrants established by China and the BRICS. MDBs arrange loans, credits, and guarantees for investment in member states, generally with the stated aim of fostering economic growth. They operate in both the Global North and South, though there are more MDBs focusing on emerging and developing states. While the World Bank and some of the larger regional banks have been scrutinised, little attention has been paid to the smaller banks or the overall system. This book provides the first study of all 30 MDBs and it evaluates their interrelationships. It analyses the emergence of the MDBs in relation to geopolitics, development paradigms and debt. It includes sections on each of the banks as well as on how MDBs have approached the key sectors of infrastructure, human development, and climate. This book will be of particular interest to researchers of development finance, global governance, and international political economy.
546			_aEnglish.
650			_aDevelopment banks.
650			_aInternational finance.
700			_aEngel, Susan _eauthor.
942			_2ddc _cBK