海外发展研究所：2024年最大限度地发挥多边开发银行可赎回资本的发展影响：项目发现和前进道报告（英文版）

Multilateral development banks (MDBs) have an unusual capital structure. A portion of their capital is paid in by government shareholders, and they also have a substantial stock of ‘callable capital’ available if ever needed to repay MDB creditors. Originating when the World Bank was first created at the Bretton Woods conference in 1944, and replicated at most MDBs created subsequently, callable capital totals $891 billion across the seven major MDBs considered in this study.1 Callable capita