The Foundations of Development Banking

A Critical Review

Authored by: Aniket Shah

The Routledge Handbook of Financial Geography

Print publication date:  December  2020
Online publication date:  December  2020

Print ISBN: 9780815369738
eBook ISBN: 9781351119061
Adobe ISBN:


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This chapter presents a critical review of the topic of development banking. A review of development banking is required given both the persistence and prevalence of development banks as financial institutions and the lack of critical analysis of their effectiveness (Diamond, 1957; Martinez, 2017; Musacchio et al., 2017). The motivation for this chapter is to provide an analysis of the conceptual underpinnings of development banks in order for academics and policy-makers to achieve more critical assessments of the form, function, and effectiveness of development banks in their respective domains.

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