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The Asian Infrastructure Investment Bank (AIIB, or the Bank) marks the first endeavor of Asian developing countries as initiators, with China at the center, in multilateral development financing. The glamour of the AIIB lies in multilateralism — the underlying principle based on which it is...
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between Global and Regional Institutions -- Chapter 4: Promoting Development Bank Complementarity in Asia -- Chapter 5 …, the role for Asia is also identified, and elaborated on. Dr Pradumna B. Rana is a Senior Fellow at the Centre for …
Persistent link: https://www.econbiz.de/10013386123
Against the backdrop of growing momentum for regional cooperation and integration (RCI) in Asia, this paper examines … in this paper includes an Asia-wide definition of regional roads that fall on the Asian Highway (AH) network. The AH … linkages to Europe. The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) conducts research on …
Persistent link: https://www.econbiz.de/10011283452
The creation of the China-led AIIB has been the most important event in the international financial sphere in recent years, but the comments about it have often been made from a multitude of lenses, thus complicating the recognition of its real implication. By clarifying the inclinations...
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This article focuses on the two new multilateral development banks dominated by emerging economies: Asian Infrastructure Investment Bank and New Development Bank. The authors explore the main economic and political incentives that lie behind the creation of these institutions, examine challenges...
Persistent link: https://www.econbiz.de/10012964543
This article offers three arguments outlining the Asian Infrastructure Investment Bank's significance and to help policy planners navigate the complex relationship between China, the Bank and themes of sustainability. First, there is little uncertainty that China is serious about development and...
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