Inter-American Development Bank

The multilateral banks are powerful forces in the international community, providing loans of more than $250 billion to developing countries over the last half-century. The best known of these, the World Bank, has been studied extensively, but the 'regional development banks' are little understood even within their own geographic regions. This volume describes the difficulties faced by the Inter-American Development Bank since the 1960s and its role and new objectives in the 1990s.