Financing Development in Latin America and the Caribbean: The Role and Perspectives of Multilateral Development Banks
The paper briefly describes the MDBs creation and financial model. Also, it analyzes the evolution of the mandates of MDBs across decades, as well as focuses on the description of the major MDBs in LAC. It further presents a perspective of MDBs outstanding, commitments and disbursements to the region in the past 25 years. Based on these recent trends, the role and outlook of MDBs in financing development in the region is discussed.