Regional Development Banks A Comparative Perspective

• Published in: Regional Financial Cooperation p. 68
• Main Authors: FRANCISCO SAGASTI, FERNANDO PRADA
• Format: Book Chapter
• Language: English
• Published: United States Brookings Institution Press and Economic Commission for Latin America and the Caribbean (ECLAC) 29-08-2007; Brookings Institution Press
• Subjects: Bank capital; Bank loans; Bank management; Banking; Banks; Central banks; Development banks; Development studies; Economic disciplines; Economics; Finance; Financial economics; Financial instruments; Financial investments; Human geography; Income; International cooperation; International finance; International politics; International relations; Investment banking; Land use; Land use policy; Loans; Microeconomics; Multilateralism; Net income; Political science; Politics; Regional planning; Social sciences; World Bank
• ISBN: 9780815764199; 0815764197

This chapter compares the roles played by regional and subregional multilateral development banks (MDBs) in development financing and attempts to integrate fragmented data and information from a variety of sources.
Development financing institutions are situated at the intersection of the international development system and the international financial system. While there are several entities that straddle both systems, the MDBs occupy a unique place because of their specific characteristics and because they interact with most of the actors in both systems. Multilateral development banks are international financial intermediaries whose shareholders include both developing countries that borrow from them and developed countries