International Financial Institutions and Their Challenges A Global G
Since the recent international crises, the role and significance of international financial institutions (IFI) have been challenged. Some have argued that global financial institutions are inadequate and inefficient in performing their missions, and may b
- PDF / 3,752,410 Bytes
- 256 Pages / 439.37 x 666.142 pts Page_size
- 39 Downloads / 345 Views
I n t e r nat iona l Fi na nc i a l I nst i t u t ions a n d Th e i r C h a l l e nges A Gl ob a l Gu i de for Fu t u r e M e t hods
Felix I. Lessambo
INTERNATIONAL FINANCIAL INSTITUTIONS AND THEIR CHALLENGES
Copyright © Felix I. Lessambo, 2015. Softcover reprint of the hardcover 1st edition 2015 978-1-137-52269-6 All rights reserved. IFC does not guarantee the accuracy, reliability or completeness of the content included in these works, and accepts no responsibility or liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon. First published in 2015 by PALGRAVE MACMILLAN® in the United States—a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN 978-1-349-56374-6 ISBN 978-1-137-52270-2 (eBook) DOI 10.1057/9781137522702 Library of Congress Cataloging-in-Publication Data Lessambo, Felix I. International financial institutions and their challenges : a global guide for future methods / Felix I. Lessambo. pages cm Includes bibliographical references and index. 1. Financial institutions. 2. Banks and banking. 3. Globalization—Economic aspects. I. Title. HG173.L47 2015 332.195—dc23 A catalogue record of the book is available from the British Library. Design by Newgen Knowledge Works (P) Ltd., Chennai, India. First edition: August 2015 10 9 8 7 6 5 4 3 2 1
2015006193
C on t e n ts
List of Illustrationss
vii
Acknowledgmentss
ix
List of Abbreviationss
xi
Disclaimerr
xvv
Part I The Bretton Woods and Affiliates Institutions 1
1
International Financial Institutions: Architecture, Flaws, and Legitimacyy
3
2
The International Monetary Fund
9
3
The World Bankk
35
4
The International Finance Corporation
47
5
The International Development Association
53
6
The International Center for Settlement of Investment Disputes
61
7
The Mutual Investment Guarantee Agencyy
73
8
The Bank for International Settlementt
83
Part II The Regional Development Banks 9
91
The Inter-American Development Bankk
93
10
The European Bank for Reconstruction and Developmentt
99
11
The Council of Europe Development Bankk
111
12 The Asian Development Bankk
117
13
The African Development Bankk
123
14
The Latin America Development Bank k
131
15
The Caribbean Development Bankk
137
16
The Islamic Development Bankk
143
vi
Contents
Part III
The International Investment Banks
149
17
European Investment Bankk
151
18
Nordic Investment Bankk
161
Conclusion
169
Appendix 1: IMF
Data Loading...
