Multilateral Development Banks’ Crisis Response: What Instruments Do MDBs Offer and How Fast Do They Act?

GSTDTAP > 资源环境科学

	Multilateral Development Banks’ Crisis Response: What Instruments Do MDBs Offer and How Fast Do They Act?
	Rakan Aboneaaj; Azusa Sato; Scott Morris
	2022-03-14
出版年	2022
国家	国际
领域	资源环境
英文摘要	In the face of sudden economic shocks and natural disasters that limit the ability of economies to rapidly raise revenue, MDBs have the potential to play a leading role in crisis response to minimize the damage. One key factor in their success in this role is the speed of their financing instruments—how quickly do they get funds to where they are needed after a crisis strikes? Using a calculated metric we term “relative disbursement rate,” our analysis finds that at both the World Bank and the Asian Development Bank, budget support operations are by far the fastest instrument, in some cases even outpacing crisis-specific instruments. We also find that most of the crisis-response specific instruments used by these institutions are contingency-based, meaning they are approved well before they would conceivably need to be disbursed
URL	查看原文
来源平台	Center for Global Development
文献类型	科技报告
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/347669
专题	资源环境科学
推荐引用方式 GB/T 7714	Rakan Aboneaaj,Azusa Sato,Scott Morris. Multilateral Development Banks’ Crisis Response: What Instruments Do MDBs Offer and How Fast Do They Act?,2022.