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Erschienen in:
2018 | OriginalPaper | Buchkapitel
6. Governance Structure of Regional Development Banks
verfasst von : Ahmed Naciri
Erschienen in: The Governance Structures of the Bretton Woods Financial Institutions
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Abstract
Most of the regional development banks (RDBs#1 and RDBs#2) share many of the same features. All provide loans and grants at favourable and on market term conditions to various developing countries and sectors (Ottenhof 2011). They also face similar criticisms to those expressed with regard to BWFIs, in particular that their decried governance models lead to an “unfair” voting system (Carrasco et al. 2009). Eventual weaknesses in governance of the RBDs’ decision making can affect their efficiency in managing development assistance. Two key questions come to mind: First who, within RDBs, controls the allocation of funds? And second, whether funds’ allocation decisions could be made in a more democratic way?