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The African Development Bank (Paperback)
Loot Price: R478
Discovery Miles 4 780
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The African Development Bank (Paperback)
Series: Multilateral Development Banks, 1
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Loot Price R478
Discovery Miles 4 780
Expected to ship within 10 - 15 working days
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The multilateral banks are powerful forces in the international
community, providing loans of more than $250 billion to developing
countries over the last halfcentury. The best known of these, the
World Bank, has been studied extensively, but the 'regional
development banks' are little understood, even within their own
geographic regions. This series looks specifically at the policies
and projects of the various regional development banks, which like
the World Bank, have recently come under growing criticism from
grassroots organizations, environmental groups and others. In the
course of the past decade, the majority of countries in Africa have
undergone rigorous structural adjustment and monetary
liberalization. When the African Development Bank was created, and
for a greater part of the Bank's history, the present tolerant
political regimes, and the liberal macroeconomic and development
environments did not exist. The Bank has had to operate as best it
could in a politically unstable setting and among stagnant and
declining regimes. It is because such problems face the bank that
this book is of great value to both African and non-African
investors in the Bank, as well as all Africans. The banks
operational and policy shortcomings are clearly described and
analysed, and every major point in the book has been
dispassionately made on the basis of thorough research or from the
wealth of experience of the authors.
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