Bankrolling better lives: G7 plots a change of course for Multilateral Development Banks

Bankrolling better lives: G7 plots a change of course for Multilateral Development Banks

Published Jan 2002

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Bankrolling better lives: G7 plots a change of course for Multilateral Development Banks

What is the role of the multilateral development banks (MDBs) in the 1990s and beyond? Are the roles which the banks have carved out for themselves since the 1950s still appropriate? Are there still gaps in development financing for the banks to fill, and do they serve a useful advisory role? The Group of Seven (G7) leading industrialised countries have recently endorsed proposals for strengthening the role of the MDBs, despite growing opposition and calls for an end to conditionality. Will this mean business as usual? Or will the impetus for change be sustained?

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