The Nature of MDBs

  • Ihsan Ugur Delikanli
  • Todor Dimitrov
  • Roena Agolli


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.


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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Ihsan Ugur Delikanli
    • 1
  • Todor Dimitrov
    • 2
  • Roena Agolli
    • 2
  1. 1.IstanbulTurkey
  2. 2.ThessalonikiGreece

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