Gregory T. Chin, Co-Director of the Emerging Global Governance (EGG) Project, introduces a collection of commentaries on the New Development Bank's evolution. They will be serialised on Global Policy over the coming months.
What are the main drivers of Emirati interest in joining the NDB and, conversely, what considerations led the BRICS members to offer the UAE membership in the first-ever expansion of the NDB?
Gregory T. Chin and Rifat D. Kamal argue that Bangladesh has major infrastructure financing needs, and Dhaka is willing to borrow in large amounts from external multilateral lenders.
Daniel Bradlow and Magalie Masamba argue that some rethinking and retooling of the NDB are needed in order to provide broader benefits across Africa.
Zhu Jiejin argues that China’s leadership sees the NDB as a tool to counter its main source of global tension.