Abstract
Despite existing publications and public discourse, the role, governance, and potential of Multilateral Development Banks (MDBs) remain obscured by fragmented and often inaccurate information. These institutions remain poorly understood, implying the need for an open, comprehensive, and balanced overview, going beyond history and data. This book sheds light on a number of misconceptions regarding MDBs, widely spread not only among the public, but even among MDBs’ stakeholders such as counterparts, shareholders, managers, and staff. These misconceptions include but are not limited to the following: (1) MDBs are UN agencies; (2) MDBs are aid/grant/subsidy funds; (3) all MDBs are subsidiaries of the World Bank ; (4) MDBs are just international commercial/investment banks; (5) MDBs provide a key share of financing in some countries but there are no tangible results.
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Delikanli, I.U., Dimitrov, T., Agolli, R. (2018). Introduction. In: Multilateral Development Banks. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-91524-1_1
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DOI: https://doi.org/10.1007/978-3-319-91524-1_1
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-91523-4
Online ISBN: 978-3-319-91524-1
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