IDEAS home Printed from https://ideas.repec.org/a/unt/jnapdj/v23y2016i2p19-34.html
   My bibliography  Save this article

An analysis on the potential competitiveness of the Asian Infrastructure Investment Bank

Author

Listed:
  • Meibo Huang

    (Professor of Economics, the Department of International Economics and Business, School of Economics, Xiamen University, China)

  • Na Chen

    (Graduate student, the Department of International Economics and Business, School of Economics, Xiamen University, China)

  • Yanhong Chen

    (Associate Professor of Economics, Department of International Business, School of Economics and Management, Xiamen University of Technology, China)

Abstract

The establishment of the Asian Infrastructure Investment Bank (AIIB) is a response to the wide gap between the financing need and supply of global infrastructure investment, especially in Asia. The potential competiveness of AIIB, as compared to other multilateral development banks, is that it has a more focused function, better balanced governance structure and sound financing and can strike a balance between the requirements of developing countries and conducting operations efficiently.

Suggested Citation

  • Meibo Huang & Na Chen & Yanhong Chen, 2016. "An analysis on the potential competitiveness of the Asian Infrastructure Investment Bank," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 23(2), pages 19-34, December.
  • Handle: RePEc:unt:jnapdj:v:23:y:2016:i:2:p:19-34
    as

    Download full text from publisher

    File URL: http://www.unescap.org/sites/default/files/chapter%202_0.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Humphrey, Chris & Michaelowa, Katharina, 2013. "Shopping for Development: Multilateral Lending, Shareholder Composition and Borrower Preferences," World Development, Elsevier, vol. 44(C), pages 142-155.
    2. Makmun Syadullah, 2014. "Prospects of Asian Infrastructure Investment Bank," Journal of Social and Development Sciences, AMH International, vol. 5(3), pages 155-167.
    3. Chris Humphrey, 2014. "The politics of loan pricing in multilateral development banks," Review of International Political Economy, Taylor & Francis Journals, vol. 21(3), pages 611-639, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Humphrey, Chris & Michaelowa, Katharina, 2019. "China in Africa: Competition for traditional development finance institutions?," World Development, Elsevier, vol. 120(C), pages 15-28.
    2. McHugh, Christopher A., 2023. "Competitive conditions in development finance," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 83(C).
    3. William Perraudin & Andrew Powell & Peng Yang, 2016. "Multilateral Development Bank Ratings and Preferred Creditor Status," IDB Publications (Working Papers) 94656, Inter-American Development Bank.
    4. Strand, Jonathan R. & Zappile, Tina M., 2015. "Always Vote for Principle, Though You May Vote Alone: Explaining United States Political Support for Multilateral Development Loans," World Development, Elsevier, vol. 72(C), pages 224-239.
    5. Fleiss, Pablo, 2021. "Multilateral development banks in Latin America: Recent trends, the response to the pandemic, and the forthcoming role," Studies and Perspectives – ECLAC Office in Washington 46916, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Perraudin, William & Powell, Andrew & Yang, Peng, 2016. "Multilateral Development Bank Ratings and Preferred Creditor Status," IDB Publications (Working Papers) 7686, Inter-American Development Bank.
    7. Galindo, Arturo J. & Panizza, Ugo, 2018. "The cyclicality of international public sector borrowing in developing countries: Does the lender matter?," World Development, Elsevier, vol. 112(C), pages 119-135.
    8. Cormier, Ben, 2022. "Partisan external borrowing in middle-income countries," LSE Research Online Documents on Economics 113929, London School of Economics and Political Science, LSE Library.
    9. Avellán, Leopoldo & Galindo, Arturo J. & Lotti, Giulia, 2022. "Following public finances: The mirage of MDBs countercyclicality," The Quarterly Review of Economics and Finance, Elsevier, vol. 84(C), pages 372-385.
    10. Bisogno, Marcelo & Fleiss, Pablo & Artecona, Raquel, 2019. "Financing development in Latin America and the Caribbean: The role and perspectives of multilateral development banks," Studies and Perspectives – ECLAC Office in Washington 44608, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    11. Avellán, Leopoldo & Galindo, Arturo J. & Lotti, Giulia & Rodríguez, Juan Pablo, 2024. "Bridging the gap: Mobilization of multilateral Development Banks in Infrastructure," World Development, Elsevier, vol. 176(C).
    12. Klaus H. Goetz & Ronny Patz & Katharina Michaelowa, 2017. "Resourcing International Organisations: So What?," Global Policy, London School of Economics and Political Science, vol. 8, pages 113-123, August.
    13. Yanguas, Pablo & Hulme, David, 2015. "Barriers to Political Analysis in Aid Bureaucracies: From Principle to Practice in DFID and the World Bank," World Development, Elsevier, vol. 74(C), pages 209-219.
    14. Cormier, Benjamin, 2023. "Chinese or western finance? Transparency, official credit flows, and the international political economy of development," LSE Research Online Documents on Economics 115294, London School of Economics and Political Science, LSE Library.
    15. Wang, Yuan, 2022. "Presidential extraversion: Understanding the politics of Sino-African mega-infrastructure projects," World Development, Elsevier, vol. 158(C).
    16. Alvaro Mendez, 2024. "Latin American agency: The New Development Bank, Uruguay's accession and Brazilian influence," Global Policy, London School of Economics and Political Science, vol. 15(2), pages 405-413, May.
    17. Bryane Michael, 2019. "The Case for an IGAD Development Bank," Journal of Development Policy and Practice, , vol. 4(1), pages 35-65, January.
    18. Samuel Brazys & Krishna Chaitanya Vadlamannati & Tianyang Song, 2019. "Which Wheel Gets the Grease? Constituent Agency and Sub-national World Bank Aid Allocation," Working Papers 201907, Geary Institute, University College Dublin.
    19. repec:bla:glopol:v:8:y:2017:i:s5:p:113-123 is not listed on IDEAS
    20. Fialho de Oliveira Ramos, D.N. & van Bergeijk, P.A.G., 2013. "Spaghetti and noodles : Why is the developing country differentiation landscape so complex?," ISS Working Papers - General Series 563, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    21. Degl’Innocenti, Marta & Frigerio, Marco & Zhou, Si, 2022. "Development banks and the syndicate structure: Evidence from a world sample," Journal of Empirical Finance, Elsevier, vol. 66(C), pages 99-120.

    More about this item

    Keywords

    Asian Infrastructure Investment Bank; AIIB; infrastructure; competitiveness; multilateral development banks;
    All these keywords.

    JEL classification:

    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unt:jnapdj:v:23:y:2016:i:2:p:19-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Macroeconomic Policy and Development Division, ESCAP (email available below). General contact details of provider: https://edirc.repec.org/data/escapth.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.