Multilateral development banks (MDBs) are an innovative institutional model to channel financing and knowledge to developing countries. In Latin America, the balance of forces between competition and collaboration among MDBs and other sources of development finance have formed a system that is...

This paper proposes two theoretical considerations regarding Multilateral development banks (MDBs). The first is that MDB activities are increasingly driven by the growing economic strength of many developing countries. The second is that categorizing MDBs according to the balance of power among...

Discontent with the substantial influence of major global players in International Financial Institutions (IFIs) has raised a call to restructure these organizations. Greater involvement of borrowing members in lending decisions has been proposed in order to limit the exposure of development...

This paper investigates U.S. informal influence in the Inter-American Development Bank (IDB) by testing whether IDB loans disburse faster when the borrowing country is geopolitically or economically important to the U.S. The methodology is similar to that in earlier work on the World Bank and...