TY  - BOOK
AU  - Schwartz,Gerd
TI  - Toward An Economic Theory of Multilateral Development Banking
T2  - IMF Working Papers; Working Paper
SN  - 1451845898 :
SN  - 1018-5941
PY  - 1993///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Banking
KW  - imf
KW  - Capital Market
KW  - Credit Union
KW  - Exogenous Shocks
KW  - Germany
KW  - United States
N2  - 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
UR  - http://elibrary.imf.org/view/IMF001/07434-9781451845891/07434-9781451845891/07434-9781451845891.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451845891
ER  -