Current Governance

  • Ihsan Ugur Delikanli
  • Todor Dimitrov
  • Roena Agolli


This chapter extends well beyond outlining the Multilateral Development Banks' (MDBs) governance systems. It presents the importance and specifics of MDBs' governance, highlighting the main differences among Global, Regional, and Sub-regional institutions. By dissecting multiple layers of complex multilateral governance, the authors reveal a legacy of often outdated written and unwritten practices. They also review the multiple challenges of established governance models, as well as the insufficient efforts to mitigate governance deficiencies through repetitive counterproductive reforms. The conclusion calls for a rigorous assessment and reshaping of MDBs' governance, through forward-looking innovation and new principles, developed further in Chap.  5.


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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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