Multilateral Development Banks

Multilateral development banks in Global Commerce Policy

In this regard, multilateral development banks is: institutions established to provide financial support and advice to support the economic and social development of developing countries through long-term loans on commercial terms, credits on concessional terms and grants. Membership of these banks consists of developed and developing countries. The main ones are the African Development Bank (based in Abidjan, Côte d ™Ivoire), the Asian Development Bank (Manila), the European Bank for Reconstruction and Development (London), the IBRD (World Bank) and the Inter- American Bank Group (both in Washington DC). See also international financial institutions.[1]

Multilateral development banksin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Multilateral development banks” entry (OAS)

See Also