301. WILL COOPERATION BETWEEN THE WORLD BANK AND CHINA LAST?
- Author:
- Richard Clark
- Publication Date:
- 02-2022
- Content Type:
- Commentary and Analysis
- Institution:
- Political Violence @ A Glance
- Abstract:
- International development organizations, which provide concessional loans and grants to help finance developing countries, often overlap with one another, performing similar tasks in similar countries. For instance, dozens of such organizations have offered COVID-19 relief to developing country member states. In one case, the World Bank approved a $95 million package for Uzbekistan to strengthen its medical systems in April 2020. The Asian Development Bank pledged another $1.1 billion to Uzbekistan over the last two years, and the World Health Organization doled out another $10 million in personal protective and laboratory equipment. Overall, 28 international organizations provide development assistance today.
- Topic:
- Development, International Organization, World Bank, and Finance
- Political Geography:
- China and Asia