The New Development Bank: Directions on strategic partnerships

Abstract

AbstractThe New Development Bank (NDB)’s partnership and cooperation with other international organizations and other financial institutions has been a key element of the strategic vision, design and institutional development of the Bank. For the NDB ‘partnering’ and ‘partnerships’ became part of the agenda of the NDB. But how the NDB would actually do ‘partnerships’ or ‘partnering’ was not predetermined. This article examines how the NDB responded to the challenge of strategic partnerships. It asks whether the NDB has developed its own partnership modalities, or to what degree? The main argument is that NDB adopted a varied approach of partnering, with each approach depending largely on the nature of the partner.