Multilateralism, Developmental Regionalism, and the African Development Bank
Israel Nyaburi Nyadera,
Billy Agwanda,
Murat Onder and
Ibrahim Abdirahman Mukhtar
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Israel Nyaburi Nyadera: Faculty of Arts and Social Sciences, Egerton University, Kenya / School of International Relations and Diplomacy, Riara University, Kenya / Department of Government and Public Administration, University of Macau, Macau
Billy Agwanda: Department of International Relations, Istanbul Commerce University, Turkey / Department of International Relations, Marmara University, Turkey
Murat Onder: Faculty of Economics and Administrative Sciences, Boğaziçi University, Turkey
Ibrahim Abdirahman Mukhtar: Department of International Relations, Ankara Yildirim Beyazit University, Turkey
Politics and Governance, 2022, vol. 10, issue 2, 82-94
Abstract:
Promoting development in Africa has faced significant challenges partly because of the continent’s peripheral access to global markets as well as its internal geographical limitations on the movement of people, goods, and services. However, the African Development Bank (AfDB) and its “developmental” role has emerged as a practical and tailored approach to Pan-African development, especially in the midst of a growing crisis in global multilateralism. This article argues that the AfDB can be a significant promoter of African development given its unique characteristics, focus areas, and lending style that are different from other multilateral institutions. Using a case-study approach, and by analysing literature on the AfDB, policy papers, and government reports, this study explores the developmental role of the bank and demonstrates its comparative advantage to other multilateral institutions in Africa.
Keywords: Africa; African Development Bank; developmental regionalism; multilateralism (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:cog:poango:v10:y:2022:i:2:p:82-94
DOI: 10.17645/pag.v10i2.4871
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