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International Economic Organisations & Reports - Coggle Diagram
International Economic Organisations & Reports
Asian Infrastructure Investment Bank (AIIB)
Multilateral devel bank
Aim
support the building infrastructure
Asia-Pacific region
it is open to accepting additional members
HQ in Beijing, China
capital of AIIB is half of the world bank
Proposed by China in 2013, launched in Beijing in 2014
Potential rival to World Bank and IMF
It has regional and non-regional members
Boao Forum for Asia (BFA)
Non-profit org- founded by 26 Asian and AUS states in 2001
high level forum
for leaders from different area
promote regional economic, integration, co-op, society, envir
bring Asian countries even closer to devel goals
forum known as "Asian Davos"
BFA modelled on WEF
Secretariat is based in Beijing
National Infrastructure Pipeline (NIP)
group of social and economic infra projects in India
Finance Minister
NIP consist of 78% projects by CG and SG
remaining by the private sector
NIP pillar of govt of India
Aim to become $5 trillion economy in 2025
G20 Debt Service Suspension Initiative
"call to action" to response to COVID-19
Implemented by World Bank and IMF
Main Goal
to help poorest countries
their resources on fighting the pandemic
enable an effective crisis response
Under DSSI
limit their non-concessional borrowing
Under IMF programs and WB policies