As instruments of global governance, Multilateral Development Banks were created to lend developing states capital for economic growth and development that they could not access from private capital markets. Despite their positive aims, these international organisations have often come under fire and received harsh criticism for their lending practices on economic, political, environmental, and human rights grounds. In particular, the Banks have been the focus of attention for being unaccountable for their actions.
Professor Susan Park chats with Dr Natali Pearson about global governance and Multilateral Development Banks, with a specific focus on accountability mechanisms in the Asian Development Bank.
About Professor Susan Park:
Susan Park is Professor of Global Governance at the University of Sydney. She focuses on how state and non-state actors use formal and informal influence to make the Multilateral Development Banks (MDBs) greener and more accountable.
Susan has published in numerous journals, most recently in the Review of International Political Economy. Her forthcoming book is 'Addressing Environmental and Social Harm through the Independent Accountability Mechanisms of the Multilateral Development Banks' (Cambridge University Press, 2020). In 2018, Susan published 'International Organisations and Global Problems: Theories and Explanations (Cambridge University Press, 2018). In 2010, she published 'The World Bank Group and Environmentalists: Changing International Organisation Identities' (Manchester University Press). Susan has co-edited special editions and books including 'Global Environmental Governance and the Accountability Trap' (MIT Press, 2019, with Teresa Kramarz) and 'Owning Development'(Cambridge, 2010, with Antje Vetterlein).
Susan is an Associate Editor of the journal Global Environmental Politics and is Co-Convenor with Dr Teresa Kramarz (University of Toronto) of the Earth Systems Governance (ESG) Task Force ‘Accountability in Global Environmental Governance.’ Susan was the Chair of the Environmental Studies Section of the ISA from 2015 to 2017.
You can follow Susan on Twitter @spark_syd.