Multilateral Development Banks: Governance and Finance by Ihsan Ugur Delikanli (

Back Cover

"This book provides much needed insights and knowledge about the growing world of multilateral development banks. By including twenty-five global, regional, and sub-regional banks, it systematically presents main features, challenges, and potentials of these important development institutions. The book should be mandatory reading by everyone dealing with MDBs--both from the inside and from the outside." --Per

Table of Contents

1. Introduction.- 2. The Nature of MDBs.- 3. Financial Dynamics.- 4. Current Governance.- 5. Principles of Sound Governance.- 6. Clients' Perspective.- 7. The Future.

Long Description

This book provides a comprehensive overview and insight of virtually all multilateral institutions involved in lending for international socio-economic development. The analysis covers twenty-five MDBs globally by classifying them in three groups based on geographical lending outreach. Unlike similar books and articles, which treat MDBs as banks, this book offers a novel perspective by addressing the specifics of multilateral lending institutions, revealing multiple aspects of their operations, going beyond the "bank" concept towards "knowledge bank," "change agent," and even "benchmark setter." The book reflects on the key role of most MDBs in inspiring and advancing sustainable economic development through transfer of knowledge and funding towards addressing multiple global challenges for the benefit of practitioners, consultants, government officials, borrowers, and researchers interested in MDBs.

Feature

Offers analysis on a number of unexplored aspects of the respective institutional performance and prospects of MDBs Provides a constructive elaboration on issues of recent criticism, such as domination by rich countries, outdated governance, controversial requirements and operations, and lack of inclusiveness Draws from vast ex-post evaluation resources, reflecting the wealth of lessons learned at most MDBs and offers novel governance principles

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