UM E-Theses Collection (澳門大學電子學位論文庫)
- Title
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The AIIB : a welcome change or more of the same?
- English Abstract
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Show / Hidden
The recent establishment of the Asian Infrastructure Investment Bank (AIIB) has been a significant development in the world of international financial institutions, in particular as a result of the surprising amount of support from countries across the world. The AIIB, after its establishment, has often been defined as a Chinese version of either the World Bank or the Asian Development Bank (ADB). Although the AIIB does indeed resemble these older financial institutions, defining the AIIB as a Chinese World Bank or ADB does not take into account several of the distinct characteristics of the AIIB, and is therefore an over-simplified definition. This paper attempts to provide a more suitable definition of the AIIB which can take into account the distinct characteristics of the AIIB. It is discussed how the AIIB differs from the older institutions; the World Bank and the ADB, and how these differences might prove to be significant. The World Bank and the ADB are still facing major difficulties, partly as a result of their structure. In this paper it is discussed how the different identity of the AIIB might provide a solution to some of these issue; how the AIIB has learned from the mistakes and problems of the older institutions, and how the AIIB structure might therefore be more suitable for a development institution operating in the twenty first century
- Issue date
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2016.
- Author
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Wauben, Nick
- Faculty
- Faculty of Social Sciences (former name: Faculty of Social Sciences and Humanities)
- Department
- Department of Government and Public Administration
- Degree
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M.A.
- Subject
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Financial institutions, International -- China
- Supervisor
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Hall Rodney Bruce
- Files In This Item
- Location
- 1/F Zone C
- Library URL
- 991001581649706306