Global democracy in decline? How rising authoritarianism limits democratic control over international institutions

Eugenia C. Heldt, Henning Schmidtke

Research output: Contribution to journalArticlepeer-review

12 Scopus citations

Abstract

Over the past decade, rising authoritarian regimes have begun to challenge the liberal international order. This challenge is particularly pronounced in the field of multilateral development finance, where China and its coalition partners from Brazil, Russia, India, and South Africa have created two new multilateral development banks. This article argues that China and its partners have used the New Development Bank and the Asian Infrastructure Investment Bank to increase their power and to restrict democratic control mechanisms. By comparing formal mechanisms of democratic control in both organizations to the World Bank, this article shows that civil society access, transparency, and accountability are lower at the AIIB and NDB than they are at the World Bank.

Original languageEnglish
Pages (from-to)231-254
Number of pages24
JournalGlobal Governance
Volume25
Issue number2
DOIs
StatePublished - 2019

Keywords

  • Accountability
  • Asian Infrastructure Investment Bank
  • Global democracy
  • International institutions
  • New Development Bank
  • World Bank

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