Asian Infrastructure Investment Bank

Morris, David ORCID: https://orcid.org/0000-0002-7122-6678 (2020) Asian Infrastructure Investment Bank. In: The Palgrave Encyclopedia of Global Security Studies. Palgrave Macmillan Ltd, Cham, pp. 1-10. . ISBN 9783319743363 DOI 10.1007/978-3-319-74336-3_637-1

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Official URL: https://doi.org/10.1007/978-3-319-74336-3_637-1

Abstract

The Asian Infrastructure Investment Bank is a multilateral development bank established in 2016 with a mission to improve social and economic outcomes in Asia, by investing in sustainable infrastructure and other productive sectors. By bostering finance for development, the bank promises improved economic security for its member states, most of which have unmet demand for energy and other infrastructure. The new institution represents, however, a challenge to the international system. Along with a series of other new institutions and platforms for engaging with the developing world, the AIIB marks China’s return to great power status, contributing to global governance alongside the United States of America.

Item Type:

Book Section

Uncontrolled Keywords:

Asian Infrastructure Investment Bank ; Infrastructure finance, China, United States, multilateralism

Divisions:

Corvinus Doctoral Schools

Subjects:

Finance

Projects:

EFOP-3.6.3-VEKOP-16-2017-00007

DOI:

10.1007/978-3-319-74336-3_637-1