search query: @author Schwarz, G. / total: 5
reference: 2 / 5
| Author: | Schwarz, G. |
| Title: | Toward an economic theory of multirateral development banking |
| Journal: | Journal of Institutional and Theoretical Economics
1994 : SEP, VOL. 150:3, p. 465-485 |
| Index terms: | MULTINATIONAL BANKING FINANCIAL MODELS MONETARY ECONOMICS |
| Language: | eng |
| Abstract: | This paper addresses an apparent lack of economic theory in the analysis of multirateral development bank (MDB) behavior. A simple comparative statics model, that is adapted from the credit union literature, is used to predict potential areas of conflict, agreement, and indifference between MDB member countries, analyze lending policies against the background of distributional conflicts, and show how various institutional reforms may improve efficiency and overall member country benefits. |
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