The Asian Infrastructure Investment Bank: What Can It Learn From, and Perhaps Teach To, the Multilateral Development Banks?

Policy Brief #14

About the Authors

Stephany Griffith-Jones
Financial Markets Program Director
Initiative for Policy Dialogue (IPD)

Stephany Griffith-Jones is an economist specialising in international finance and development, with emphasis on reform of the international and national financial system, especially in relation to financial regulation and global governance. She is Financial Markets Director at the Initiative for Policy Dialogue, Columbia University. Previously she was Professorial Fellow at the Institute of Development Studies at Sussex University. She was Director of International Finance at the Commonwealth Secretariat and worked at UN DESA and ECLAC. She was senior consultant to governments in Eastern Europe, Latin America and Africa and many international agencies, including the World Bank, the IADB, the European Commission, UNDP and UNCTAD. She was a member of the Warwick Commission on financial regulation. She currently is theme leader on finance in the ESRC /DFID growth programme for LICs, especially African ones. She has published over 20 books and many scholarly and journalistic articles. Her books include Time for the Visible Hand, Lessons from the 2008 crisis, edited jointly with José Antonio Ocampo and Joseph Stiglitz.

Xiaoyun Li

Stephen Spratt
Researcher
Globalization Team
Institute of Development Studies

Dr Stephen Spratt’s research interests relate to development finance, financial sector reform and regulation, socially responsible investment (SRI), the emerging climate change financing architecture and the intersection between these issues. Professionally, he has been Head of the Sustainable Markets Group at IIED, Research Director at the New Economics Foundation and a Lecturer in international finance and development at the University of Reading. He has also worked in the private sector in the City of London, as Head of Research at Intelligence Capital Limited, Senior Investment analyst with Global Asset Management Limited and a Visiting Fellow in the Global Research Department at State Street Bank & Trust.

Stephen holds a BA from the University of East Anglia, an MSc from the School of Oriental and African Studies (SOAS), University of London, and a DPhil from the Institute of Development Studies, University of Sussex.