-
Title:
-
The new geopolynomics of AIIB
-
Author:
-
Zaidi Sattar
-
Source:
-
The Financial Express
-
Date:
-
March 21, 2016
-
Description:
- For the first time Bangladesh is a founding member of a multilateral development bank (MDB), Asian Infrastructure Investment Bank (AIIB), whose majority shareholders are developing countries. AIIB, which was launched on January 16 last, is set to start project lending operation in the second quarter of this year. In my previous write up on AIIB in this column, I focused exclusively on the wider economic implications of this new multilateral institution, which was described by the European Political Strategy Center (EPSC), an in-house think tank of the European Commission, as a "potential economic game changer in multilateral development finance".
