The future of national development banks (Book, 2018) []
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The future of national development banks

Author: Stephany Griffith-Jones; José Antonio Ocampo
Publisher: Oxford, United Kingdom : Oxford University Press, 2018.
Series: Initiative for policy dialogue series.
Edition/Format:   Print book : EnglishView all editions and formats
For a long time the topic of national development banks was limited to a debate between admirers and detractors of these institutions, often inserted into a more general debate of state versus markets. Since the 2007/8 North Atlantic financial crisis however, interest and support for these institutions has broadly increased in both developing and developed countries. Key issues such as understanding how development  Read more...

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Document Type: Book
All Authors / Contributors: Stephany Griffith-Jones; José Antonio Ocampo
ISBN: 0198827946 9780198827948
OCLC Number: 1029798540
Description: xxiv, 363 pages : illustrations ; 24 cm
Contents: 1. The future of national development banks / Sephany Griffith-Jones, José Antonio Ocampo, Filipe Rezende, Alfredo Schclarek, and Michael Brei --
Part I. Case studies --
2. China Development Bank : born bankrupt, born shaper / Qiyuan Xu --
3. National development banks as active financiers : the case of KfW / Ulf Moslener, Matthias Thiemann, and Peter Volberding --
4. The future of development banks : the case of Brazil's BNDES / Rogério Studart and Luma Ramos --
5. Changing challenges in the modernization of Nacional Financiera : Mexico's key development bank / Juan Carlos Moreno-Brid, Esteban Pérez Caldentey, and Laura Valdez --
6. The role of CORFO in Chile's development : achievements and challenges / Stephany Griffith-Jones, María Luz Martínez Sola, and Javiera Petersen Muga --
7. Colombia's system of national development banks / José Antonio Ocampo and Paola Arias --
8. The experience of development banking in Peru : 1990-2015 / Óscar Dancourt and Renzo Jiménez Sotelo --
Part II. Thematic issues --
9. Financial regulation and risk management in development banks / Lavinia Barros de Castro --
10. National development banks and mission-oriented finance for innovation / Mariana Mazzucato and Caetano C.R. Penna --
11. The countercyclical behaviour of national development banks in Latin America and the Caribbean / Michael Brei and Alfredo Schclarek --
12. Financial sustainability and infrastructure finance : the role of development banks / Felipe Carvalho de Rezende --
13. Conclusions / Stephany Griffith-Jones, José Antonio Ocampo, and Paola Arias.
Series Title: Initiative for policy dialogue series.
Responsibility: edited by Stephany Griffith-Jones and José Antonio Ocampo.


This in-depth case study of several national development banks explores the role of these institutions in innovation and structural change, infrastructure financing, and financial inclusion. It  Read more...


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Once considered a key vehicle for national advancement, development banks have come to be regarded as relics of a bygone age. This volume, however, reveals that these banks have in fact played highly Read more...

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