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

Financing the Future explains how the unique governance arrangements and financial model of Multilateral Development Banks (MDBs) shape their behavior and how different sets of MDBs are grappling with the challenges of the 21st century. It is the first book to explain the core of the MDB model as a unique class of international institution and how it is playing out.

Format: Hardback
Length: 240 pages
Publication date: 22 December 2022
Publisher: Oxford University Press

Financing the Future delves into the intricate governance structures and financial models of Multilateral Development Banks (MDBs), shedding light on how these institutions shape their behavior. Providing a comprehensive theoretical framework tailored to the diverse array of 30-odd MDBs worldwide, the book showcases how these institutions are navigating the challenges of the 21st century. This groundbreaking work stands as the first to elucidate the fundamental essence of the MDB model as a distinct class of international institution, highlighting its impact on both traditional large MDBs and smaller borrower-led banks, as well as the two new MDBs recently established with the support of China. The book's unique blend of an original theoretical approach, robust quantitative and qualitative empirical evidence, and clear and concise writing style ensures its appeal to both academic and practitioner audiences, making it a valuable resource for understanding the dynamics of MDBs in the modern world.

Weight: 622g
Dimension: 163 x 241 x 23 (mm)
ISBN-13: 9780192871503