The Dual Nature of Multilateral Development Banks

The Dual Nature of Multilateral Development Banks
Author :
Publisher : Cambridge University Press
Total Pages : 132
Release :
ISBN-10 : 9781009392273
ISBN-13 : 1009392271
Rating : 4/5 (73 Downloads)

Synopsis The Dual Nature of Multilateral Development Banks by : Laura Francesca Peitz

This Element offers a novel, highly relevant perspective towards Multilateral Development Banks (MDBs), which are development and financial organizations at the same time. Based on the elaborate institutional logics perspective borrowed from organizational sociology, it uncovers the complex trade-offs between financial and development pressures faced by MDBs and explains variation in organizational responses thereto across types of MDBs. The argument is tested with an original dataset using Data Envelopment Analysis to explain variation in response patterns across MDBs. The analysis shows that lending to the private sector as well as being predominantly owned by borrowing members increase MDBs' emphasis on the financial at the expense of the development nature. Thereby, this Element provides unique insights into MDBs' responses to their dual nature and significantly advances our understanding of MDB lending operations, drawing attention to the complexities involved in the unique MDB business model.

Public Procurement and Multilateral Development Banks

Public Procurement and Multilateral Development Banks
Author :
Publisher : Bloomsbury Publishing
Total Pages : 255
Release :
ISBN-10 : 9781509912933
ISBN-13 : 1509912932
Rating : 4/5 (33 Downloads)

Synopsis Public Procurement and Multilateral Development Banks by : Sope Williams-Elegbe

The multilateral development banks cumulatively channel billions of dollars annually in development assistance to borrower countries. This finance is usually spent through processes that incorporate the public procurement regulations of the banks and it is often a condition of this finance that the funds must be spent using the procurement regulations of the lender institution. This book examines the issues and challenges raised by procurement regulation in the multilateral development banks. The book examines the history of procurement regulation in the banks; the tripartite relationship created between the banks, borrowers and contractors in funded procurements; the procurement documents and procurement cycle; as well as how the banks ensure competition and value for money in funded procurements. The book also examines the banks' approach to sustainability concerns in public procurement such as environmental, social or industrial concerns; as well as how the banks address the issue of corruption and fraud in funded contracts. Another issue that is addressed by this book is how the banks have implemented the aid effectiveness agenda. It will be seen that the development banks have undertaken steps to harmonise their policies and practices, increased borrower procurement capacity, taken steps to reduce the tying of aid, and play an important role in the reform of borrower procurement systems, all in an effort to improve the effectiveness of development finance. The book also considers the contractual and other remedies that are available to parties that may be aggrieved as a result of a funded procurement. The book analyses, compares and contrasts the legal, practical and institutional approaches to procurement regulation in the World Bank, the Inter-American Development Bank, the African Development Bank, the Asian Development Bank and the European Bank for Reconstruction and Development.

Lockean Liberalism in International Relations

Lockean Liberalism in International Relations
Author :
Publisher : Cambridge University Press
Total Pages : 151
Release :
ISBN-10 : 9781009516976
ISBN-13 : 1009516973
Rating : 4/5 (76 Downloads)

Synopsis Lockean Liberalism in International Relations by : Alexandru V. Grigorescu

This Element applies a new version of liberalism to international relations (IR), one that derives from the political theory of John Locke. It begins with a survey of liberal IR theories, showing that the main variants of this approach have all glossed over classical liberalism's core concern: fear of the state's concentrated power and the imperative of establishing institutions to restrain its inevitable abuse. The authors tease out from Locke's work its 'realist' elements: his emphasis on politics, power, and restraints on power (the 'Lockean tripod'). They then show how this Lockean approach (1) complements existing liberal approaches and answers some of the existing critiques directed toward them, (2) offers a broader analytical framework for several very different strands of IR literature, and (3) has broad theoretical and practical implications for international relations.

After Hedging

After Hedging
Author :
Publisher : Cambridge University Press
Total Pages : 134
Release :
ISBN-10 : 9781009420594
ISBN-13 : 1009420593
Rating : 4/5 (94 Downloads)

Synopsis After Hedging by : Kai He

This Element introduces a preference-for-change model to explain the policy variations of states during the order transition. It suggests that policymakers will perceive a potential change in the international order through a cost-benefit prism.This title is also available as Open Access on Cambridge Core.

Regionalized Governance in the Global South

Regionalized Governance in the Global South
Author :
Publisher : Cambridge University Press
Total Pages : 137
Release :
ISBN-10 : 9781009376594
ISBN-13 : 1009376594
Rating : 4/5 (94 Downloads)

Synopsis Regionalized Governance in the Global South by : Brooke Coe

This Element addresses questions of division of labor and concentration of authority among intergovernmental organizations by examining multilevel governance in the Global South. It focuses on the policy domains of peace and security and human rights in Africa and Latin America and the Caribbean (LAC), and its central finding is that the extent of governance regionalization varies across regions and issue areas. In the domain of peace and security, governance is most regionalized in Africa. In the domain of human rights protection, governance is most regionalized in the LAC region. Given the phenomenon of regional specialization, the Element makes the case for the greater explanatory power of regional drivers of regional institutional development. This Element is also available as Open Access on Cambridge Core.

IMF Lending

IMF Lending
Author :
Publisher : Cambridge University Press
Total Pages : 202
Release :
ISBN-10 : 9781009451123
ISBN-13 : 100945112X
Rating : 4/5 (23 Downloads)

Synopsis IMF Lending by : M. Rodwan Abouharb

This Element argues that governments allocate adjustment burdens strategically to protect their supporters, imposing adjustment costs upon the supporters of their opponents, who then protest in response. Using large-N micro-level survey data from three world regions and a global survey, it discusses the local political economy of International Monetary Fund (IMF) lending. It finds that opposition supporters in countries under IMF structural adjustment programs (SAP) are more likely to report that the IMF SAP increased economic hardships than government supporters and countries without IMF exposure. In addition, it finds that partisan gaps in IMF SAP evaluations widen in IMF program countries with an above-median number of conditions, suggesting that opposition supporters face heavier adjustment burdens, and that opposition supporters who think SAPs made their lives worse are more likely to protest.

Building Pathways to Peace

Building Pathways to Peace
Author :
Publisher :
Total Pages : 78
Release :
ISBN-10 : 9781009406710
ISBN-13 : 100940671X
Rating : 4/5 (10 Downloads)

Synopsis Building Pathways to Peace by : Nadine Ansorg

SSR is a key element of the transitions out of war, aiming at the establishment of accountable and legitimate institutions able to prevent and sanction the use of violence. While recognizing the need to include local actors, donor policies still focus mostly on the state as a provider of security. Second generation SSR has emphasized the need to include local communities and recognize the existence of non-state actors in the provision of security and justice. However, recognition is not enough. This Element promotes a radical re-think of SSR in the context of conflict and war. Guiding question for the considerations is how can security sector reform be set up and implemented to contribute to constructive and inclusive state-society relations, and build the path to long-lasting peace? This Element argues that a focus on functional equivalents, minorities, gender, and human rights is key for the design, implementation, and success of SSR.

Drones, Force and Law

Drones, Force and Law
Author :
Publisher : Cambridge University Press
Total Pages : 189
Release :
ISBN-10 : 9781009451512
ISBN-13 : 1009451510
Rating : 4/5 (12 Downloads)

Synopsis Drones, Force and Law by : David Hastings Dunn

The central argument set out in this Element is that the combination of a perceived radical change in the threat environment post 9/11, and the new capabilities afforded by the long silent reach of the drone, have put pressure on the previously accepted legal frameworks justifying the use of force. This has resulted in disagreements - both articulated and unarticulated - in how the Western allies should respond to both the legal and operational innovations in the use of force that drones have catalysed. The Element focuses on the responses of the UK, France, and Germany to these developments in the context of the changing US approach to the use of force. Locating itself at the interface of international law and politics, this is the first attempt to look at the interplay between technological innovations, legal justifications, and inter-alliance politics in the context of the use of armed drones.

The Selection and Tenure of Foreign Ministers Around the World

The Selection and Tenure of Foreign Ministers Around the World
Author :
Publisher : Cambridge University Press
Total Pages : 141
Release :
ISBN-10 : 9781009441797
ISBN-13 : 1009441795
Rating : 4/5 (97 Downloads)

Synopsis The Selection and Tenure of Foreign Ministers Around the World by : Hanna Bäck

Foreign ministers are prominent actors in foreign affairs, often second only to heads of government in their influence. Yet, despite the growing awareness of the importance of key actors, and their backgrounds, in the study of international relations, foreign ministers remain understudied. In this Element, we make an important empirical contribution by presenting an original dataset on the personal and professional background of foreign ministers, spanning thirteen countries and more than 200 years. We use these data to answer three questions: who are the foreign ministers, why are foreign ministers with particular features appointed, and why do some foreign ministers have longer tenure than others? We find that foreign ministers tend to be men of politics who are appointed both on the basis of their affinity to, and to complement the experiences of, the head of government. We also find that foreign ministers stay longer in office when they perform well or are expected to do so, but that they are more likely to lose their posts when conditions make heads of government more prone to 'pin blame' on them to deflect criticism from foreign policy failures.

The Role of National Development Banks in Catalyzing International Climate Finance

The Role of National Development Banks in Catalyzing International Climate Finance
Author :
Publisher : Inter-American Development Bank
Total Pages : 95
Release :
ISBN-10 :
ISBN-13 :
Rating : 4/5 ( Downloads)

Synopsis The Role of National Development Banks in Catalyzing International Climate Finance by : Lucila Serra

Significant investments are needed to support the global transition to a low-carbon, climate resilient future. Current finance flows fall short of global financing needs, and massive scaling up is needed to unlock additional financial resources and foster a sustainable investment pathway. Overcoming barriers to private sector investments is critical, and international climate finance can play a catalytic role in this regard. National development banks (NDBs) have a unique role in this context, both complementing and catalyzing private sector players. This publication discusses the unique role that NDBs could play in scaling up private financing for climate change mitigation projects through the intermediation of international and national public climate finance in their respective local credit markets and the conditions that would be needed for them to be most effective. It draws from experiences in international climate finance and best practices, processes, and products of NDBs within the Latin American and Caribbean region.