The Asian Infrastructure Investment Bank in a Changing Era: New Institution and New Roles
Language: English
Published by Springer, 2022
- Hardcover
- New
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- Title
- The Asian Infrastructure Investment Bank in a Changing Era: New Institution and New Roles
- Author
- Xu, Xiujun; Feng, Weijiang
- Publisher
- Springer
- Publication year
- 2022
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 9811913277
- ISBN 13
- 9789811913273
This book explores the establishment process, mechanism design, and role orientation of the Asian Infrastructure Investment Bank (AIIB) under the new background of global economic governance. After the international financial crisis in 2008, the process of economic globalization and the comparison of international forces have presented a new situation, and the global economic governance system since has entered a period of deep adjustment and transformation. At the same time, the problems and drawbacks of the original multilateral development financial system have become increasingly prominent. This not only provides a historical opportunity for the establishment of the AIIB, but also gives it a new important role in the global multilateral development financial system. The innovation of the AIIB’s governance model, such as organizational structure, equity, and voting rights allocation, makes it more efficient in operation. And in practice, it is playing an increasingly important rolein promoting policy connectivity, infrastructure connectivity, trade connectivity, financial connectivity and people-to-people connectivity of Asian region.
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About the Author
Xiujun Xu is Professor of School of International Relations, University of Chinese Academy of Social Sciences (UCASS), and Senior Fellow of Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences (CASS). His major research interests include international political economy, Asia-Pacific regional cooperation, and global governance.
Weijiang Feng is Senior Fellow and Deputy Director of Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences (CASS). His major research interests include international political economy and international security.
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Ria Christie Collections
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