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The Evolving Role of Multilateral and Subregional Development Banks

Tuesday, July 1, 2014

Multilateral development banks (MDBs) have long played an important role in international development finance. Subregional development banks (SRDBs) have had a more limited function, until the emergence of a few dynamic institutions in recent years. This paper explores the origins of MDBs and SRDBs; considers key issues and trends in their purpose, governance and financing; and explores challenges and opportunities that MDBs and SRDBs face in a changing global development environment.

Origins of Multilateral and Subregional Development Banks ...

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