A Comparative Guide to the Asian Infrastructure Investment Bank
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Product details:
- Publisher OUP Oxford
- Date of Publication 22 March 2018
- ISBN 9780198821960
- Binding Hardback
- No. of pages280 pages
- Size 251x180x23 mm
- Weight 674 g
- Language English 0
Categories
Short description:
In spite of its youth, the Asian Infrastructure Bank's influence can be felt across Asia, funding the planned construction of motorways in Pakistan and future environment-saving hydropower plants in Tajikistan. A year in, Natalie Lichtenstein takes stock. How is the bank structured, what have been the successes, and where could it go in the future?
MoreLong description:
The Asian Infrastructure Investment Bank, first opened in 2016, is a 100 billion dollar multilateral development bank purpose-built to support infrastructure projects that enhance regional economic productivity.
Its arms reach far: in its first two years, AIIB has financed transport systems such as national motorways in Pakistan, railways in Oman, and rural roads in India; energy projects including natural gas pipelines in Azerbaijan and hydropower plants in Tajikistan; and the redevelopment of impoverished areas in Indonesia. Initiated by China, its membership is global, with regional powers from Korea to Saudi Arabia, and key players from Europe, Africa, and Latin America.
In a text that will appeal to general readers and legal specialists alike, Natalie Lichtenstein examines the Bank's mandate, investment operations, finance, governance, and institutional set up, as well as providing detailed analyses of the similarities and differences it has with other development banks - charting AIIB's story so far and anticipating its future.
Lichtenstein's book is a timely publication and a welcome addition to the scholarly literature on the AIIB. This book, with its insider's view, will help readers better understand the parallels and distinctions between the AIIB and other existing MDBs. I would highly recommend this book to friends, students and professionals who are interested in the creation and development of the China-led AIIB.
Table of Contents:
Beginnings
Highlights
Mandate
Investment operations
Membership
Capital and finance
Governance
Transitions
Institutional matters
Reflections
