Abstract
ABSTRACT The paper handles two Eurasian international financial institutions, the Eurasian Development Bank (EDB) and the Eurasian Fund for Stabilisation and Development (EFSD), focusing on interaction with their international counterparts, including international financial organisations and multilateral development banks. We attempt to explain the reasons behind the choice of partners, modalities of interactions, underlying incentives and constraints, and varying dynamics of these two entities. It covers the following questions: What are the reasons behind the varying dynamics of international interactions for both institutions? What conditions the choice of institutions to cooperate with? Which constraints do the Eurasian institutions face? What is the relation between competition and complementarity in these interactions? The paper eliminates gaps in understanding the modalities and dynamics of the EDB and EFSD’s interaction with their counterparts among international financial institutions and provides a set of explanations.
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