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World Bank, Inter-American Development Bank, and Subregional Development Banks in Latin America: Dynamics of a System of Multilateral Development Banks

Author

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  • Prada, Fernando

    (Asian Development Bank Institute)

Abstract

Multilateral development banks (MDBs) are an innovative institutional model to channel financing and knowledge to developing countries. In Latin America, the balance of forces between competition and collaboration among MDBs and other sources of development finance have formed a system that is decentralized and client-oriented. The author analyzes three types of relationships between MDBs to show areas of strength in their operations and future potential, using a great amount of quantitative data from the annual reports and financial databases of MDBs that the FORO Nacional Internacional research program has been tracking periodically.

Suggested Citation

  • Prada, Fernando, 2012. "World Bank, Inter-American Development Bank, and Subregional Development Banks in Latin America: Dynamics of a System of Multilateral Development Banks," ADBI Working Papers 380, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0380
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    File URL: http://www.adbi.org/files/2012.09.05.wp380.dynamics.system.multilateral.dev.banks.pdf
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    References listed on IDEAS

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    1. Francisco Sagasti & Keith Bezanson & Fernando Prada, 2005. "The Future of Development Financing," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-50519-3.
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    Cited by:

    1. Wihtol, Robert, 2014. "Whither Multilateral Development Finance?," ADBI Working Papers 491, Asian Development Bank Institute.
    2. Miles Kellerman, 2019. "The proliferation of multilateral development banks," The Review of International Organizations, Springer, vol. 14(1), pages 107-145, March.
    3. Alves Elia Elisa Cia & Biancarelli André Martins, 2020. "Financial cooperation initiatives in Latin America: Conditions of origins, subsistence and eventual vanishing," Economics and Business Review, Sciendo, vol. 6(4), pages 51-71, December.
    4. Andrea Molinari & Leticia Patrucchi, 2019. "Las Tensiones de la Banca Multilateral de Desarrollo en América Latina," Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET) 2019-43, Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET).

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    More about this item

    Keywords

    development finance; multilateral development banks; world bank; inter-american development bank; subregional development banks; latin america;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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