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Multilateral Development Banks (MDB): General Capital Increases
Martin A. Weiss (au)
Each of the major MDBs are simultaneously seeking increases in their capital bases to fund the continued expansion of their development lending programs. If the increases are fully funded, the resources of the World Bank, African Development Bank, European Bank for Reconstruction and Development, Asian Development Bank, and Inter-Amer. Development Bank would increase by between 31% and 200%. Collectively, the requested capital increases are worth around $348 billion. Contents of this report: (1) Intro.; (2) Background: What are the MDBs?; Financing MDB Operations; The MDBs and the Global Financial Crisis; MDB General Capital Increase Requests; (3) Issues for Congress; (4) Legislative Action. Illus. A print on demand report.
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