Can South–South Cooperation Compete? The Development Bank of Latin America and the Islamic Development Bank (Record no. 10640)

MARC details
000 -LEADER
fixed length control field 02206nam a22001937a 4500
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control field 20200923112051.0
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Ray, Rebecca
245 ## - TITLE STATEMENT
Title Can South–South Cooperation Compete? The Development Bank of Latin America and the Islamic Development Bank
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Wiley,
Date of publication, distribution, etc 2019.
300 ## - PHYSICAL DESCRIPTION
Pages Vol.50, Issue 1, 2019:(191-220 p.)
520 ## - SUMMARY, ETC.
Summary, etc Southern‐led multilateral development banks (MDBs) play a key role in harnessing global capital to finance the sectors most important to borrowers, especially infrastructure. Two prominent Southern MDBs, the Development Bank of Latin America (CAF) and the Islamic Development Bank (IsDB), have become crucial drivers of regional infrastructure growth. This article explores whether their performance has lived up to their goals of establishing borrower control over bank governance without sacrificing financial dynamism. Using power‐weighted voting indices for member representation on bank boards, the authors determine that these banks offer borrowers much more representation on their boards than do their Northern‐based counterparts, the Inter‐American Development Bank (IDB) and the World Bank International Bank for Reconstruction and Development (IBRD). The article also analyses bank operations to determine whether their governance structure impacts their internal performance, as reflected on balance sheets, and external performance — gaining relevance in development finance and particularly in infrastructure lending, including the burgeoning sector of sustainable (climate‐resilient) infrastructure. The authors find that the CAF and IsDB have become major players in development finance, including in sustainable infrastructure. However, important issues remain in relation to their continued internal capacity development, especially with regard to the environmental and social safeguards necessary to oversee lending.
700 ## - Added Entry Personal Name
Added Entry Personal Name Kamal, Rohini
773 0# - HOST ITEM ENTRY
Host Biblionumber 8737
Host Itemnumber 15395
Place, publisher, and date of publication West Sussex John Wiley & Sons Ltd. 1970
Title Development and change
International Standard Serial Number 0012-155X
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://doi.org/10.1111/dech.12468
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Koha item type Articles
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-- 30398
700 ## - Added Entry Personal Name
-- 30399
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-- ddc

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