‘Minilateral’ Development Banks: What the Rise of Africa's Trade and Development Bank says about Multilateral Governance

Multilateral development banks (MDBs) are one of the most popular forms of international organization, with at least 27 operating in the world today. Although most academics and policy makers focus on the World Bank and major regional MDBs, the majority of MDBs are in fact relatively small, and controlled by developing as opposed to industrialized countries. How do the differing governance arrangements of these ‘minilateral’ development banks (MnDBs) impact their operations? This article takes the Trade and Development Bank (TDB), an MDB in Africa with 22 regional member countries, as a case study to consider this question. Based on an analysis of TDB's track record since 2005 and interviews with management and shareholders, the author finds that borrower‐led governance leads to substantial disadvantages in terms of access to finance. Borrower‐led governance permits TDB and other MnDBs greater operational flexibility, which partially compensates for this financial disadvantage, but these operational strategies come with trade‐offs in terms of developmental effectiveness. The findings suggest that MnDBs have substantial latent potential and, in an increasingly multipolar world, they are likely to grow in coming years. However, MnDBs need to ensure that their developmental value added is strengthened in step with their financial power.     

Nature's Materiality and the Circuitous Paths of Accumulation: Dispossession of Freshwater Fisheries in Cambodia

This paper examines recent conflicts over freshwater fisheries in Cambodia using the notion of accumulation through dispossession as a conceptual starting point. Despite a recent material turn, theoretical literature on the political economy of the environment has only partially incorporated an ecologically nuanced view of nature into analyses of its transformation under processes of capital accumulation. The biophysical characteristics of riverine fisheries are predicated on the ecohydrologic dynamics of water flows, and these characteristics dictate strategies of appropriation for both subsistence and commercial use. The complexity of these material characteristics is compounded in the case of Cambodian fisheries, where an array of state‐ and market‐driven processes promote the dispossession of resources and constrain the livelihood opportunities of rural communities dependent on fishing. Theories of capital accumulation and how accumulation induces socioecological conflicts can be very useful, firstly, for explaining the origins of environmental conflicts and, secondly, for grounding the analysis of such conflicts in the politics of accumulation as mediated by state actors. Conversely, theoretical framings of primitive accumulation must examine the “things” being accumulated (eg riverine fisheries) in far more biophysically specific ways, and must recognize the circuitous pathways, particularly in cases involving developmental states, that strategies of accumulation follow.     

Zukunft Ruhr 2030

Zusammenfassung  Regionale Entwicklungsstrategien werden in der Regel ohne substanzielle Beteiligung der Wirtschaft entwickelt. Das war im Projekt „Zukunft Ruhr 2030“ anders. Hier hat der „Initiativkreis Ruhrgebiet“, die Vereinigung gro?er Unternehmen in der Metropolregion Ruhr, Entwicklungsperspektiven für die Region aus Sicht der Wirtschaft entworfen. Sechs führende Unternehmensberatungen haben in Zusammenarbeit mit Experten aus Wissenschaft und Wirtschaft verschiedene Themenfelder untersucht, eine Vision entwickelt und daraus eine Entwicklungsstrategie für die kommenden Jahre abgeleitet.     

Der „Mitteleuropäische Kristall“ – zwischen „Blauer Banane“ und „osteuropäischem Pentagon“

Der deutsch-tschechische Grenzraum liegt gewisserma?en in einer Sandwich-Position zwischen verschiedenen europ?ischen Makroregionen; auf europ?ischer Ebene wird er bislang eher als Verbindungselement wahrgenommen. Seine innere Struktur ist von einer relativ geringen Besiedlungsdichte und ausgepr?gten Stadt-Land-Unterschieden gekennzeichnet. Im Frühjahr 2006 gründeten die beiden nationalen Regierungen eine deutsch-tschechische Arbeitsgruppe für Raumentwicklung. Der Artikel skizziert, welche Ziele und Erwartungen damit verbunden werden und welche Funktionen ein solches Gremium übernehmen kann. Dazu wird zun?chst die Ausgangssituation dieses Raumes skizziert. Abschlie?end wird das m?gliche Leitbild des „Mitteleurop?ischen Kristalls“ vorgestellt.