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Toward An Economic Theory of Multilateral Development Banking

This paper addresses an apparent lack of economic theory in the analysis of multilateral development bank (MDB) behavior. A simple comparative statics model that is adapted from the credit union literature is used to predict potential areas of conflict, agreement, and indifference between MDB member...

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Bibliographic Details
Main Author: Schwartz, Gerd
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1993
Series:IMF Working Papers
Subjects:
Depository Institutions
International Monetary Arrangements And Institutions
Development Banks
Banks
Finance
Industries: Financial Services
Financial Institutions
Capital Markets
Capital Market
Micro Finance Institutions
General Financial Markets: General (includes Measurement And Data)
Mortgages
International Lending And Debt Problems
Financial Markets
Loans
Credit Bureaus
Financial Institutions And Services: General
Finance: General
Credit Ratings
Multilateral Development Institutions
Securities Markets
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper addresses an apparent lack of economic theory in the analysis of multilateral development bank (MDB) behavior. A simple comparative statics model that is adapted from the credit union literature is used to predict potential areas of conflict, agreement, and indifference between MDB member countries, analyze lending policies against the background of distributional conflicts, and show how various institutional reforms may improve efficiency and overall member country benefits
Physical Description:26 pages
ISBN:9781451845891

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