A Comparative Guide to the Asian Infrastructure Investment Bank
by Natalie Lichtenstein
2020-05-07 00:20:36
A Comparative Guide to the Asian Infrastructure Investment Bank
by Natalie Lichtenstein
2020-05-07 00:20:36
The Asian Infrastructure Investment Bank, first opened in 2016, is a 100 billion dollar multilateral development bank purpose built for supporting regional projects that enhance economic productivity.Its influence reaches far: in the last year alone,...
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The Asian Infrastructure Investment Bank, first opened in 2016, is a 100 billion dollar multilateral development bank purpose built for supporting regional projects that enhance economic productivity.Its influence reaches far: in the last year alone, future transport system such as national motorways in Pakistan and railways in Oman, developing energy projects including natural gas pipelines in Azerbaijan and Hydropower plants in Tajikistan, and the redevelopment of impoverished areas such asparts of Indonesia, have all received support from the Asian Infrastructure Bank. Its membership is global, encompassing regional powers from Afghanistan to Viet Nam, to wider players, from Turkey to Austria.In a text that will appeal to general readers and specialists alike, Natalie Lichtenstein examines the Bank''s mandate, investment operations, finance, governance, and institutional set up, as well as providing detailed analyses of the similarities and differences it has with other development banksso as to chart its story so far, as well as to anticipate the future to come.
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