Leadership Selection at the International Financial Institutions

Author
Jenny Ottenhoff
Content Type
Policy Brief
Institution
Center for Global Development
Abstract
The International Financial Institutions (IFIs) are multilateral agencies. The term typically refers to the International Monetary Fund (IMF), which provides financing and policy advice to member nations experiencing economic difficulties, and the multilateral development banks (MDBs), which provide financing and technical support for development projects and economic reform in low- and middle-income countries. The term MDB is usually understood to mean the World Bank and four smaller regional development banks: African Development Bank (AfDB). Asian Development Bank (ADB). European Bank for Reconstruction and Development (EBRD) Inter-American Development Bank (IDB).
Topic
Development, Economics, International Monetary Fund, Foreign Aid, World Bank
Political Geography
Africa, America, Europe, Asia