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What should the multilateral development banks do?

This paper assesses the role of multilateral development banks (MDBs) in fostering development or transition through the institutional mechanisms that the MDBs possess for the selection, monitoring and enforcement of loans and other financing agreements and through the use of subsidies that they receive from their shareholders and other sources. We conclude that a useful direction for MDB reform is to exploit more effectively the potential complementarities between the public and private sector financing operations.

Link http://www.ebrd.org/pubs/econo/wp0074.htm
Author Buiter, W., Fries, S
Date Jun 2002
Institute EBRD
Tags bank, loan, investment, development, private, sector

See also

  1. Central Asia: governments, banks gradually open up to Islamic banking
  2. Spotlight on south-eastern Europe
  3. Bridging the gaps? Private sector development, capital flows and the investment climate in south-eastern Europe
  4. Financial structures to promote private sector development in south-eastern Europe
  5. Foreign bank participation and crises in developing countries

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