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Multilateral institutions and reform

Mobilization Effects of Multilateral Development Banks

Academic research
Authors
Chiara Broccolini; Giulia Lotti; Alessandro Maffioli; Andrea F. Presbitero; Rodolfo Stucchi
Publisher
International Monetary Fund, Working Paper 2019/028

What it examines

Using syndicated-loan data for developing countries during 1993–2017, the authors estimate direct and indirect mobilisation effects associated with MDB lending. The working paper reports positive effects on loan volumes and lending participation; its findings are the authors’ research and do not represent an IMF policy position.

Why it matters

Provides empirical evidence for assessing claims that UK capital invested in MDBs attracts additional private finance, with findings specific to syndicated lending rather than all MDB activity.

Institutions and themes

Multilateral finance systemPrivate investment and mobilisationImpact and value for money

Catalogue entry reviewed 17 September 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.