Mobilization Effects of Multilateral Development Banks PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Mobilization Effects of Multilateral Development Banks PDF full book. Access full book title Mobilization Effects of Multilateral Development Banks by Chiara Broccolini. Download full books in PDF and EPUB format.
Author: Chiara Broccolini
Publisher: International Monetary Fund
ISBN: 1484393864
Category : Business & Economics
Languages : en
Pages : 51
Get Book Here
Book Description
We use loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controlling for a large set of fixed effects. We find evidence of positive and significant direct and indirect mobilization effects of multilateral lending on the number of deals and on the total size of bank inflows. The number of lending banks and the average maturity of syndicated loans also increase after MDB lending. These effects are present not only on impact, but they last up to three years and are not offset by a decline in bond financing. There is no evidence of anticipation effects and the results are not driven by confounding factors, such as the presence of large global banks, Chinese lending and aid flows. Finally, the economic effects are sizable, suggesting that MBDs can play a vital role to mobilize private sector financing to achieve the goals of the 2030 Development Agenda.
Author: Chiara Broccolini
Publisher: International Monetary Fund
ISBN: 1484393864
Category : Business & Economics
Languages : en
Pages : 51
Get Book Here
Book Description
We use loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controlling for a large set of fixed effects. We find evidence of positive and significant direct and indirect mobilization effects of multilateral lending on the number of deals and on the total size of bank inflows. The number of lending banks and the average maturity of syndicated loans also increase after MDB lending. These effects are present not only on impact, but they last up to three years and are not offset by a decline in bond financing. There is no evidence of anticipation effects and the results are not driven by confounding factors, such as the presence of large global banks, Chinese lending and aid flows. Finally, the economic effects are sizable, suggesting that MBDs can play a vital role to mobilize private sector financing to achieve the goals of the 2030 Development Agenda.
Author: Chiara Broccolini
Publisher: International Monetary Fund
ISBN: 1498301061
Category : Business & Economics
Languages : en
Pages : 51
Get Book Here
Book Description
We use loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controlling for a large set of fixed effects. We find evidence of positive and significant direct and indirect mobilization effects of multilateral lending on the number of deals and on the total size of bank inflows. The number of lending banks and the average maturity of syndicated loans also increase after MDB lending. These effects are present not only on impact, but they last up to three years and are not offset by a decline in bond financing. There is no evidence of anticipation effects and the results are not driven by confounding factors, such as the presence of large global banks, Chinese lending and aid flows. Finally, the economic effects are sizable, suggesting that MBDs can play a vital role to mobilize private sector financing to achieve the goals of the 2030 Development Agenda.
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance
Publisher:
ISBN:
Category : Development banks
Languages : en
Pages : 652
Get Book Here
Book Description
Author: Ihsan Ugur Delikanli
Publisher: Springer
ISBN: 331991524X
Category : Business & Economics
Languages : en
Pages : 215
Get Book Here
Book Description
This book provides a comprehensive overview and insight of virtually all multilateral institutions involved in lending for international socio-economic development. The analysis covers twenty-five MDBs globally by classifying them in three groups based on geographical lending outreach. Unlike similar books and articles, which treat MDBs as banks, this book offers a novel perspective by addressing the specifics of multilateral lending institutions, revealing multiple aspects of their operations, going beyond the “bank” concept towards “knowledge bank,” “change agent,” and even “benchmark setter.” The book reflects on the key role of most MDBs in inspiring and advancing sustainable economic development through transfer of knowledge and funding towards addressing multiple global challenges for the benefit of practitioners, consultants, government officials, borrowers, and researchers interested in MDBs.
Author: Daniel Gurara
Publisher: International Monetary Fund
ISBN: 1484390342
Category : Business & Economics
Languages : en
Pages : 44
Get Book Here
Book Description
Cross-border bank lending is a growing source of external finance in developing countries and could play a key role for infrastructure financing. This paper looks at the role of multilateral development banks (MDBs) on the terms of syndicated loan deals, focusing on loan pricing. The results show that MDBs' participation is associated with higher borrowing costs and longer maturities---signaling a greater willingness to finance high risk projects which may not be financed by the private sector---but it is also associated with lower spreads for riskier borrowers. Overall, our findings suggest that MDBs could crowd in private investment in developing countries through risk mitigation.
Author: United States. Department of the Treasury
Publisher:
ISBN:
Category : Banks and banking, International
Languages : en
Pages : 220
Get Book Here
Book Description
Author: MDB Task Force on Mobilization
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
This reporting year, Multilateral Development Banks (MDBs) continued to operate in a challenging investment environment - total investment flows declined by 6 percent worldwide in 2019 - and that environment promises to become even more challenging in 2020 and 2021 with the Coronavirus disease 2019 (COVID-19) pandemic, which calls for close MDB cooperation on mobilization of private investments. Private investment is critical for development, and MDBs' research shows that greater mobilization is consistent with greater reductions in poverty and improvements in living standards, and MDBs remain resolute in their commitment to increase these flows. In this context, MDBs are committed to exploring new ideas and insights in mobilization, some of which are highlighted in the market trend essays in this report. The joint report documents that MDBs are significant financing partners in efforts to mobilize private capital toward emerging markets to help countries achieve the sustainable development goals (SDGs) and that MDBs will continue to play this important role during the COVID-19 pandemic and beyond.
Author: Susan Park
Publisher: Routledge
ISBN: 1317568559
Category : Political Science
Languages : en
Pages : 258
Get Book Here
Book Description
As pillars of the post-1945 international economic system the Regional and Sub-Regional Development Banks (RSDBs) have long been considered mini-World Banks, reiterating the policy approach of the largest official multilateral development lender in the world. The main objective of the collection is to identify what role the RSDBs play in global economic governance and why. This edited collection draws together cutting edge original research on these understudied institutions. In the burgeoning sub-field of global economic governance as well as the broader study of international organisations (IOs), too often the focus remains on the World Bank and the International Monetary Fund (IMF). Second-order IOs, such as the RSDBs, receive much less attention despite their longevity and regional importance. This volume corrects this oversight by bringing together methodologically diverse research on the RSDBs that interrogates the role and impact of these organisations in global economic governance. The book investigates: the African Development Bank (AfDB); the Asian Development Bank (AsDB); the Inter-American Development Bank (IDB), and the European Bank for Reconstruction and Development (EBRD) and select sub-regional development banks in comparison to the World Bank Group. This work will be of great interest to students and scholars of IPE, IR and Development Studies.
Author: Bill Bradley
Publisher: Center for Strategic & International Studies
ISBN:
Category : Business & Economics
Languages : en
Pages : 172
Get Book Here
Book Description
The 1996 recommendations of the Center for Strategic and International Studies Task Force on whether, from the perspective of the U.S., the five multilateral development banks (MDBs) are effective and necessary. The Task Force concluded that MDBs are still useful but need to incorporate a host of recommendations on changing access to and use of resources, the flexibility and scale of operations, self evaluation, and accepting new approaches to U.S. financial backing. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Adrian Robert Bazbauers
Publisher: Routledge
ISBN: 1000361330
Category : Business & Economics
Languages : en
Pages : 280
Get Book Here
Book Description
This book explores the evolution of the 30 functioning multilateral development banks (MDBs). MDBs have their roots in the growing system of international finance and multilateral cooperation, with the first recognisable MDB being proposed by Latin America in financial cooperation with the US in the late 1930s. That Inter-American Bank did not eventuate but was a precursor to the World Bank being negotiated at Bretton Woods in 1944. Since then, a complex network of regional, sub-regional, and specialised development banks has progressively emerged across the globe, including two significant recent entrants established by China and the BRICS. MDBs arrange loans, credits, and guarantees for investment in member states, generally with the stated aim of fostering economic growth. They operate in both the Global North and South, though there are more MDBs focusing on emerging and developing states. While the World Bank and some of the larger regional banks have been scrutinised, little attention has been paid to the smaller banks or the overall system. This book provides the first study of all 30 MDBs and it evaluates their interrelationships. It analyses the emergence of the MDBs in relation to geopolitics, development paradigms and debt. It includes sections on each of the banks as well as on how MDBs have approached the key sectors of infrastructure, human development, and climate. This book will be of particular interest to researchers of development finance, global governance, and international political economy.
