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Regional Development Banks in the World Economy
Howarth, David; Clifton, Judith; Diaz Fuentes, Daniel
2021Oxford University Press, Oxford, United Kingdom


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Keywords :
Regional Development Banks; Public finance; Sustainable Development; Infrastructure; Regional Integration; Industrial Policy
Abstract :
[en] Regional development banks (RDB) have become increasingly important in the world economy, but have also been relatively under-researched to date. This timely volume addresses this lack of attention by providing a comprehensive, comparative, and empirically informed analysis of their origins, evolution, and contemporary role in the world economy through to the second decade of the twenty-first century. In Regional Development Banks in the World Economy, the editors provide an analytical framework that includes a revised categorisation of RDB by geographic operation and function. Part one offers detailed analyses of the origins, evolution, and contemporary role of the major RDB, including the Inter-American Development Bank, the African Development Bank, the Asian Development Bank, the European Investment Bank, the Central American Bank, the Andean Development Corporation, the European Bank for Reconstruction and Development, and the Asian Infrastructure Investment Bank. Part two offers comparative analyses of key topics on RDB, examining their initial design and their changing business models, their shifting role in promoting policies supported by the United States as hegemon and the private sector. The volume ends with a critical reflection on the role played by RDB to date and a strong defence of the need for these banks in an increasingly complex world economy.
Disciplines :
Business & economic sciences: Multidisciplinary, general & others
Editor :
Howarth, David  ;  University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Social Sciences (DSOC)
Clifton, Judith;  University of Cantabria > Economics > Professor
Diaz Fuentes, Daniel;  University of Cantabria > Economics > Professor
External co-authors :
Language :
Title :
Regional Development Banks in the World Economy
Publication date :
07 April 2021
Publisher :
Oxford University Press, Oxford, United Kingdom
Number of pages :
Focus Area :
Sustainable Development
Funders :
Santander Foundation
Available on ORBilu :
since 05 April 2021


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