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Title
The Asian Infrastructure Investment Bank in a changing era: new institution and new roles / Xiujun Xu, Weijiang Feng.
ISBN
9789811913280 (electronic bk.)
9811913285 (electronic bk.)
9811913277
9789811913273
Publication Details
Singapore : Springer, 2022.
Language
English
Description
1 online resource
Item Number
10.1007/978-981-19-1328-0 doi
Call Number
HG3881.5.A75
Dewey Decimal Classification
332.1/5
Summary
This book explores the establishment process, mechanism design, and role orientation of the Asian Infrastructure Investment Bank (AIIB) under the new background of global economic governance. After the international financial crisis in 2008, the process of economic globalization and the comparison of international forces have presented a new situation, and the global economic governance system since has entered a period of deep adjustment and transformation. At the same time, the problems and drawbacks of the original multilateral development financial system have become increasingly prominent. This not only provides a historical opportunity for the establishment of the AIIB, but also gives it a new important role in the global multilateral development financial system. The innovation of the AIIBs governance model, such as organizational structure, equity, and voting rights allocation, makes it more efficient in operation. And in practice, it is playing an increasingly important role in promoting policy connectivity, infrastructure connectivity, trade connectivity, financial connectivity and people-to-people connectivity of Asian region.
Bibliography, etc. Note
Includes bibliographical references.
Access Note
Access limited to authorized users.
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed June 20, 2022).
Available in Other Form
Print version: 9789811913273
Preface
Foreword
Chapter 1 Global Economic Governance in an Era of Transformation
Chapter 2 Realistic Needs: Development Financial System Calls for New Members
Chapter 3 The Creation of AIIB: Preparation and Operation
Chapter 4 Mechanism Design: Governance Structure and Rules of AIIB
Chapter 5 Vision and Mission: AIIB and Regional Connectivity
Annex I: Articles of Agreement of the Asian Infrastructure Investment Bank
Annex II Members, Subscriptions and Voting Power of the Asian Infrastructure Investment Bank
References
Postscript.
