We use loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controlling for a large set of fixed effects. We find evidence of positive and significant direct and indirect mobilization effects of multilateral lending on the number of deals and on the total size of bank inflows. The number of lending banks and the average maturity of syndicated loans also increase after MDB lending. These effects are present not only on impact, but they last up to three years and are not offset by a decline in bond financing. There is no evidence of anticipation effects and the results are not driven by confounding factors, such as the presence of large global banks, Chinese lending and aid flows. Finally, the economic effects are sizable, suggesting that MBDs can play a vital role to mobilize private sector financing to achieve the goals of the 2030 Development Agenda.

The World Bank Group is a vital source of financial and technical assistance to developing countries around the world. Its focus is on helping the poorest people in the poorest countries by using its financial resources, staff, and extensive experience to aid countries in reducing poverty, increasing economic growth, and improving quality of life. In partnership with more than 100 developing countries, the Bank Group is striving to improve health and education, fight corruption, boost agricultural support, build roadsand ports, and protect the environment. Other projects are aimed at rebuilding war-torn countries or regions, providing basic services such as access to clean water, and encouraging investments that create jobs. In addition to this critical groundwork around the world, various parts of the World Bank Group are involved in activities ranging from conducting economic research and analysis to providing financial and advisory services to governments and private enterprises. This completely revised and updated second edition provides an accessible and straightforward overview of the World Bank Group's history, organization, mission, and purpose. Additionally, for those wishing to delve further into subjects of particular interest, the book guides readers to sources containing more detailed information, including annual reports, Web sites, publications, and e-mail addresses for various departments. It also provides information on how to work for or do business with the World Bank. A good introduction for anyone interested in understanding what the World Bank Group does and how it does it, this book shows readers who want to learn more where to begin.

The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx

As the “Decade of Action” begins, the world needs an effective multilateral development finance system to deliver on the promises of the 2030 Agenda and support the recovery of developing countries from the coronavirus (COVID-19) crisis. Even before the crisis, the system, torn between high expectations and growing criticism of its perceived lack of accountability and effectiveness, was showing signs of stress.

Covers the extent of U.S. business generated as a result of America's participation in the multilateral development banks. Outlines how the development banks cooperate with the Export-Import Bank & other U.S. Government agencies in increasing business opportunities for U.S. firms in developing countries. Lists several hundred firms in 41 states that have received contracts from the development banks or benefited in some other way from their work.

First published in 1997. 1997 marked the fifth anniversary of the United Nations Conference on Environment and Development - the celebrated ‘Earth Summit’ in Rio de Janeiro which represented the high-water mark of intergovernmental action for sustainable development. Whilst some were tempted to dismiss the Conference as a gesture of concern by the participating governments, the list of resolutions which arose from the Summit is formidable, and the key text to emerge from the conference process, Agenda 21, had proven to be crucial to efforts to disseminate and implement the principles of globally sustainable development. The Way Forward outlines the successes and failures of those first five years. Calling on a list of eminent experts, it provides an unparalleled analysis of the agreements that were reached, and the stakeholders who were charged with implementing them. It reviews the progress that was made at the intergovernmental, national and grassroots levels, and offers a cogent summary of the major issues that needed to be addressed for the future. Lucid, compact and authoritative, this is the essential guide to ‘Rio plus five’.