Schwartz, Gerd.

Toward An Economic Theory of Multilateral Development Banking Gerd Schwartz. [electronic resource] / Gerd Schwartz. - Washington, D.C. : International Monetary Fund, 1993. - 1 online resource (26 p.) - IMF Working Papers; Working Paper ; No. 93/40 . - IMF Working Papers; Working Paper ; No. 93/40 .

This paper addresses an apparent lack of economic theory in the analysis of multilateral development bank (MDB) behavior. A simple comparative statics model that is adapted from the credit union literature is used to predict potential areas of conflict, agreement, and indifference between MDB member countries, analyze lending policies against the background of distributional conflicts, and show how various institutional reforms may improve efficiency and overall member country benefits.

1451845898 : 15.00 USD

1018-5941

10.5089/9781451845891.001 doi


Banking
Capital Market
Credit Union
Exogenous Shocks


Germany
United States

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