Multilateral Development Banks

Does China wield excessive influence in the Asian Infrastructure Investment Bank?
Does China wield excessive influence in the Asian Infrastructure Investment Bank?
In recent days, the Asian Infrastructure Investment Bank (AIIB) – China’s answer to the World Bank and other multilateral development banks – has come under fire for being…
International debt: Time for a global restructuring framework
International debt: Time for a global restructuring framework
Just about every country has rules and practices to sort out domestic bankruptcies, dividing up the surviving assets between the creditors on an equitable basis, writing off the…
Shaky foundations for the New Development Bank
Shaky foundations for the New Development Bank
Dilma Rousseff, former president of Brazil, was this month elected as the next chief of the New Development Bank. Once known as the BRICS Development Bank, and seen as an effort…
Greening the World Bank
Greening the World Bank
The World Bank is the single most important global development agency – in terms of financing, knowledge production, and setting the international policy agenda. Negotiations…
Economic diplomacy: The IMF faces a US$ reality check
Economic diplomacy: The IMF faces a US$ reality check
Back to basics When the International Monetary Fund kicked off its latest twice-yearly meetings with blunt criticism of the fiscal policies of the new British government it…
Economic diplomacy: Time for transparency on aid reform
Economic diplomacy: Time for transparency on aid reform
Coming to the aid Foreign Minister Penny Wong appears to have raised the stakes in the debate over a development finance institution (DFI) which has featured here on The…
Building a better development finance institution: Australia’s opportunity
Building a better development finance institution: Australia’s opportunity
Last week, Roland Rajah and Jenny Gordon wrote illuminating pieces on the pros and cons of Australia setting up its own development finance institution, or DFI. The debate comes…
Six reasons to be cautious about Australia establishing a DFI
Six reasons to be cautious about Australia establishing a DFI
In The Interpreter this week, Roland Rajah presented five reasons for establishing a Development Finance Institution (DFI). While he makes a good case, like any major policy…
Labor should create a “Regional Carbon Bank” for ASEAN and the Pacific
Labor should create a “Regional Carbon Bank” for ASEAN and the Pacific
Much of the discussion about climate change policy in Australia has focused on the changes needed by the new Albanese Labor government to align Australia with international goals…
The Director’s Chair: Bob Zoellick on the World Bank, China, and the Republican Party
Podcasts
The Director’s Chair: Bob Zoellick on the World Bank, China, and the Republican Party
In this episode of The Director’s Chair, Michael Fullilove speaks with the long-time public official, policymaker, and former President of the World Bank, Robert Zoellick