£76.18

The Asian Infrastructure Investment Bank: China's Multilateral Experiment

Banking

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About as cheap as it gets. The only time it was cheaper was 8 months ago.

£76 today · all-time low £76 (Oct 2025) · usually the usual

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Price range: £76 - £79

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Description

In 2016 the Asian Infrastructure Investment Bank (AIIB) opened its doors as China's first major foray in creating and leading an international organization with global membership. All major donor countries joined, with the exception of the United States and Japan. Today the AIIB is a medium-sized multilateral development bank (MDB) with a global membership second only to that of the World Bank. This book explains the complexity of the AIIB: a liberal international organization designed by a group of state and MDB experts to reflect the existing norms and rules of development banking while, at the same time, it is the creation of an illiberal state that interacts with the existing order in ways that often contradict those norms and rules. Gutner argues that the AIIB is largely cut from the same cloth as other MDBs and faces similar challenges and criticism. However, a growing contradiction between conflicting Chinese institutional strategies risks turning the AIIB into the Potemkin village of China's international development and regional governance strategies―a showcase of actions that follow global norms of development banking, within a larger landscape of institutions that do not. The book advances our understanding of how institutional diffusion takes place in the system of MDBs and is a reminder of the importance of a nuanced approach to understanding China's institutional strategies.

Product Specifications

Format: Hardcover
ASIN: 019892769X
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Banking
Domain: Amazon UK
Release Date: 27 March 2025
Listed Since: 01 August 2024

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The Asian Infrastructure Investment Bank: China's Multilateral Experiment

About as cheap as it gets. The only time it was cheaper was 8 months ago.

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