Japan's Challenge to the World Bank

Anne Emig

Japanese Economy, 1999, vol. 27, issue 1, 46-96

Abstract: The 1980s witnessed huge increases in Japan's commitment of capital to third world development. Annual Group of Seven (G-7) summits could be counted on to produce new or expanded Japanese financial initiatives for developing countries. In 1989, after a decade in which total dollar commitments to official development assistance (ODA) increased more than 300 percent, Japan became the world's leading provider of bilateral foreign aid. Nonetheless, Japan remained a "silent partner"1 in development, its massive financial contributions unmatched by similar commitment of manpower or ideas.

Date: 1999
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DOI: 10.2753/JES1097-203X270146

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