Asian Infrastructure Investment Bank and its Role at Regional and Global Levels

Edith Mihaela Dobre and Emilian Dobrescu ()

Revista de Economie Mondiala / The Journal of Global Economics, 2015, vol. 7, issue 4

Abstract: The main objective of this paper is to highlight the setting up and functioning principles of the AIIB, the rationales of its foundation and motivations of the 57 participating countries to join China. At the same time, the authors bring to the forefront a new way identified by emerging economies to mitigate the asymmetries of international financial system: the launch of new multilateral development institutions.

Keywords: Multilateral development banks (MDB); China; Asian Infrastructure Investment Bank (AIIB); Asian Development Bank (ADB); World Bank; International Monetary Fund (IMF); standards (search for similar items in EconPapers)
JEL-codes: E00 E02 G21 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:4:y:2015:id:2822000009561067

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