10.25530/03552.6
Horta, Korinna
The Asian Infrastructure Investment Bank (AIIB): A Multilateral Bank Where Chi-na Sets the Rules
Heinrich Böll Foundation in cooperation with urgewald
2019
Study
Economy
Environment
Human Rights
eng
1
Other
CC BY-NC-ND
<p>In the last years, a number of countries decided to join the Asia Infrastructure Investment Bank (AIIB), which has developed into a major player in the global financial architecture in record time. The AIIB promises to be “lean, clean and green.” The truth seems to be that the AIIB is an instrument with the potential to better advance Chinese interests than pursuing a unilateral course.</p>
<p>Korinna Horta's analysis of the situation regarding the respective standards after three years of AIIB in operation is very sobering. What can be done now? Is it time to admit a complete failure and leave the Bank? What influence do shareholders still exert, and what should they press for?</p>
Publication Series on Democracy – Volume 52