IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-19-2041-7_4.html
   My bibliography  Save this book chapter

Promoting Development Bank Complementarity in Asia

In: From Centralised to Decentralising Global Economic Architecture

Author

Listed:
  • Xianbai Ji

    (Renmin University of China)

Abstract

As the international development finance architecture decentralises, a plethora of regional multilateral development banks (MDBs) have emerged. The institutional landscape in Asia is transforming with the establishment of the Asian Infrastructure Investment Bank (AIIB). This chapter aims to shed light on the horizontal relationship between the traditional development finance actor, the Asian Development Bank (ADB) and the nascent AIIB. Based on the collaborative experiences of the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), this chapter recommends that ADB and the AIIB should form tri-partite coordination mechanism along with global institutions to promote cooperation, develop complementary portfolios in terms of sectoral exposure and geographical coverage and co-fund projects to catalyse greater inter-agency cooperation. The resulting synergies will have potential to stitch the two seemingly parallel institutions into an interdependent and coherent development finance structure in Asia and beyond.

Suggested Citation

  • Xianbai Ji, 2022. "Promoting Development Bank Complementarity in Asia," Springer Books, in: Pradumna B. Rana & Xianbai Ji (ed.), From Centralised to Decentralising Global Economic Architecture, chapter 0, pages 87-112, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-2041-7_4
    DOI: 10.1007/978-981-19-2041-7_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    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:spr:sprchp:978-981-19-2041-7_4. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.