This chapter reveals the background of the Multilateral Development Banks (MDBs) looking at their institutional emergence, role, and evolution, dealing with the broader issues of roots, categorization, proliferation, and challenges. It groups the 25 MDBs into Global, Regional, and Sub-regional, in order to facilitate the scope of analysis. The nature of MDBs as complex public institutions is outlined, revealing common misconceptions, providing insight on what MDBs are and are not but could become. The review delves into a number of specific MDB conceptual features, pointing out converging as well as diverging forces—ranging from the wider issues of multilateralism and development to the more specific political and extraterritorial dimensions.
- Auerswald, D., S. Saideman, and M. Tierney. 2006. How to Kill a Military Career: Problems of Delegation in Multilateral and Unilateral Interventions. Paper presented for the American Political Science Association’s Annual Meeting, Philadelphia, PA, August 31–September 3, 2006.Google Scholar
- Bastøe, P.Ø., and S. Hanse. 2015. New Challenges and New Roles: Development Financing in the 21st Century. Oslo: Z-forlag Publishers.Google Scholar
- Bordo, M.D., and B. Eichengreen. 2007. A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform. Chicago: University of Chicago Press.Google Scholar
- Culpeper, R. 1997. Titans or Behemoths? Vol. 5. Boulder, CO: Lynne Rienner Publishers.Google Scholar
- English, E.P., and H.M. Mule. 1996. The African Development Bank. Boulder, CO: Lynne Rienner Publishers.Google Scholar
- Harriss, J. 2002. Depoliticizing Development: The World Bank and Social Capital. London: Anthem Press.Google Scholar
- Kiewiet, D., and M. McCubbins. 1991. The Logic of Delegation: Congressional Parties and the Appropriations Process. Chicago, IL: University of Chicago Press.Google Scholar
- Mosley, P., and D. Hulme. 2006. Finance Against Poverty: Country Case Studies. Vol. 2. London: Routledge.Google Scholar
- Ocampo, J.A., ed. 2007. Regional Financial Cooperation. Washington, DC: Brookings Institution Press.Google Scholar
- Santiso, C. 2000. Towards Democratic Governance: The Contribution of the Multilateral Development Banks in Latin America. In Democracy Assistance: International Co-operation for Democratization, 150–190. London: Frank Cass.Google Scholar
- Semuels. 2018. What Amazon Does to Poor Cities. The Atlantic, February 1. https://www.theatlantic.com/business/archive/2018/02/amazon-warehouses-poor-cities/552020/.
- Stiglitz, J. 2003. Globalization and the Logic of International Collective Action: Re-examining the Bretton Woods Institutions, 238–253. Oxford: Oxford University Press.Google Scholar