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Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically … proposed. This initiative plans to create an economic zone covering Asia, Europe and Africa. To successfully promote and … finance greater physical connectivity, at the pan-Asian, sub-regional and national levels, Asia will require a strong and …
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The Asian Infrastructure Investment Bank (AIIB) was established on 24 October 2014 on the basis of a Memorandum of Understanding of Establishing AIIB signed by 22 prospective founding members, including China as the largest contributing member. According to its articles of agreement, the AIIB...
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Starting with a brief description of the motivations for establishing AIIB, the chapter then outlines the institutional structure of the AIIB, including its membership, capital, governance, and operational procedures and practices. Next, it compares the AIIB and other existing multilateral...
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