By Wang X.-H., Wen Zh.-X.
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Extra info for A Capital Asset Pricing Model Under Stable Paretian Distributions in a Pure Exchange Economy
At present he is joined by American, French, and South Korean vice presidents. More important, Japan has remained a steadfast supporter of the ADB. Tokyo’s relationship with the Bank is the most intimate of all its ties with international organisations (Yasutomo 1993). It took an active role in the shaping of the ADB’s organization and practices in the early years, but during the 1970s and into the early 1980s, Japan’s policy approach was mostly low profile and narrowly focused. It lacked a concrete policy agenda.
The Private Exercise of Public Functions (Associated Faculty Press, 1985). 5. ), The New Politics of Food (Lexington, 1978). 6. ), Unions and public policy, in The New Economy, Law, and Democratic Politics (Greenwood, 1995). 7. ), Small Business in a Regulated Economy: Issues and Policy Implications (Quorum, 1988). 1 Environmental Policy in the African Development Bank and the Asian Development Bank Morten Bøa˚s University of Oslo, Oslo, Norway I. INTRODUCTION—MULTILATERAL DEVELOPMENT BANKS AND THE ENVIRONMENT In the Multilateral Development Banks (MDBs), environmental considerations are a relatively new theme,1 and both the African Development Bank (AfDB) and the Asian Development Bank (ADB) have been described as late-comers within this issue-area.
The theoretical toolbox is therefore constituted by Young’s (1989, 1991, 1992) games of institutional bargaining and Ruggie’s (1993) brand of multilateralism. 3 II. 4 They are therefore interpreted as arenas that promote international order and cooperation, but also as battlefields between various actors in world politics. However, the MDBs have since their founding advocated the doctrine of political neutrality. 5 Contrary to this view, a growing body of literature on MDBs gives attention to political conflict and how countries seek to use the MDBs as an arena to facilitate their own political and economic interests.