Financing Development: The Role of Multilateral Banking in Latin America

by Christian Asinelli

Overview

What is the role of development banks? What are the vested interests behind the negotiations between governments and multilateral banks to approve loans? Do development banks impose their worldviews? Does the political orientation of governments play a role? 
 
Christian Asinelli examines three multilateral institutions (IDB, World Bank and CAF, the Development Bank of Latin America) in ten Latin American countries (Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay and Venezuela), the political orientation of the government (pro-State/pro-market) and the typology of the loan (investment or adjustment) in order to understand the behaviour of banks and governments when implementing projects with international financing. 
 
In order to explain the fluctuations, successes and failures of this relationship, the author draws on his first-hand knowledge of the object of study, as an official of the Argentine State and international organisations, as well as his academic training in the field of political science; in fact, the basis of the analysis presented here comes from the research for his doctoral thesis.
 
The author also adds the perspectives of Enrique García, former Executive President of CAF; Rebeca Grynspan, Secretary of the Ibero-American General Secretariat (SEGIB); and Carlos H. Acuña, an academic in the field of political science and senior researcher at CONICET.
 
This is a highly topical issue, which the crisis caused by the pandemic has brought back to the centre of academic and political debate as a problem for research and as a focus for action, and which offers us a historic opportunity to rethink the role and strategy of international financing, in order to place it at the service of the development of all the countries of the region.

Product Details

ISBN-13:	9786319055221
Publisher:	Vértice de Ideas
Publication date:	01/27/2025
Sold by:	Bookwire
Format:	eBook
Pages:	254
File size:	4 MB
Age Range:	18 Years
Language:	Spanish

About the Author

Christian Gonzalo Asinelli is Doctor in Political Science from the National University of San Martín, Master's in Public Administration and Policy from the University of San Andrés, and Bachelor's in Political Science from the Pontifical Catholic University of Argentina. He completed his studies with a postgraduate degree in Urban Economics at the Torcuato Di Tella University.
 
He is a Hubert H. Humphrey Fellowship Program scholar and a Fulbright scholar. He participated in the Special Program for Urban and Regional Studies at the Massachusetts Institute of Technology (USA). He was selected for the Young Leaders Program of the Inter-American Development Bank (IDB) in 1998, the Personnalités d'avenir program by the Ministry of Foreign Affairs of France (2006), the Emerging Leaders Program by CAF (2012), the International Leaders Program by the Foreign Office (2015), among other scholarships and recognitions.
 
Over the last fifteen years, he has held various public offices: National Director of the State Modernization Project at the Chief of Cabinet of Ministers of Argentina (2005), Member of the Legislature of the City of Buenos Aires (2007-2009), Undersecretary of Project Evaluation with External Financing at the Chief of Cabinet of Ministers of Argentina (2011-2014). He is currently Undersecretary of International Financial Relations for Development at the Strategic Affairs Secretariat of the Argentine Presidency, and in that role, he serves as alternate governor for Argentina at the World Bank, Inter-American Development Bank, African Development Bank, International Fund for Agricultural Development, Central American Bank for Economic Integration, and as a director at the Development Bank of Latin America and FONPLATA.
 
He served as Corporate Director of Institutional Development at CAF, the Development Bank of Latin America (2014-2017), and president of the Banco Ciudad Foundation (2019).
 
In the political-party sphere, he was elected vice president of the Peronist Youth of Buenos Aires (2003-2005), Secretary of International Relations (2005-2007), General Secretary (2007-2009), Vice President III (2009-2011), and Vice President II (2011-2014) of the Justicialist Party of Buenos Aires. He was also a member of the National Table of the National Congress of the Justicialist Party (2007-2014) and Metropolitan Congress member of the Justicialist Party of Buenos Aires (2015-2018).
 
He is a member of the Fulbright Board in Argentina, the International Advisory Board of MIT's SPURS Program, the Advisory Council of CIPUV-UTDT, and a member of the Academic Council of the SUR-SUR Chair at the University of Buenos Aires, among other roles.
 
He is the author of Modernización del Estado argentino: políticas, gestión y escenario profesional (Buenos Aires, EDICON, 2015) and Buenos Aires, la ciudad que tenemos, la ciudad que queremos (Buenos Aires, 2009).