Multilateral development banks: contributions and challenges

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dc.contributor.authorAbor, Joshua Yindenaba
dc.contributor.authorSubramanian, Lakshmy
dc.contributor.authorIddrisu, Khadijah
dc.contributor.authorNsor-Ambala, Randolph
dc.date.accessioned2024-08-05T14:03:37Z
dc.date.available2024-08-05T14:03:37Z
dc.date.freetoread2025-07-02
dc.date.issued2024-07-01
dc.description.abstractThis chapter examines the contributions of Multilateral Development Banks (MDBs) as well as discusses the challenges confronting them. MDBs obtain their funding from a variety of sources, including the global capital market, contributions and special donations from members, proceeds from the issue of bonds and partnerships, etc., which aid in their ability to fund their activities. Their main operations include the provision of financing, the creation of knowledge products, and serving as a significant source of data collection and analysis, which results in the improvement of policy and the generation of ideas for efficient policy planning and execution. Their contributions include providing a steady source of funding, aiding middle-income nations, meeting a range of development needs, and providing a variety of complementary comparative advantages. However, the severity and regularity of numerous crises have also created major difficulties for MDBs, including resource competition, increase in ad hoc funding decisions, funding vulnerabilities, proliferation of MDB alternatives, and geographical distribution of power. In order to align national and global requirements, it is crucial to revamp the financing patterns of multilateral activities. This can be achieved through the implementation of innovative financial and policy incentives, meticulous evaluation of multilateral funding decisions, enhanced data collection mechanisms, and a more effective prioritisation of multilateral activities.
dc.description.bookTitlePerspectives on development banks in Africa: case studies and emerging practices at the national and regional level
dc.format.extent277-298
dc.identifier.chapterNo12
dc.identifier.citationAbor JY, Subramanian L, Iddrisu K, Nsor-Ambala R. (2024) Multilateral development banks: contributions and challenges. In: Perspectives on development banks in Africa: case studies and emerging practices at the national and regional level, Springer Nature, Cham, Switzerland, pp. 277-298
dc.identifier.eisbn978-3-031-59511-0
dc.identifier.isbn978-3-031-59510-3
dc.identifier.urihttps://doi.org/10.1007/978-3-031-59511-0_12
dc.identifier.urihttps://dspace.lib.cranfield.ac.uk/handle/1826/22717
dc.language.isoen
dc.publisherSpringer
dc.publisher.departmentSOM
dc.rightsNo licence
dc.titleMultilateral development banks: contributions and challenges
dc.typeBook chapter

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