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NDB: Criticisms & Global Role 🚧

Every institution has flaws. NDB is no exception.

Criticisms 👎

  1. Small Size: Compared to World Bank ($300B+ lending), NDB is still a baby.
  2. Chinese Influence: HQ is in Shanghai. Critics say it might become a tool for China's foreign policy.
  3. Rating Issues: Since Russia is a member (and sanctioned), NDB's credit rating suffered, making it harder to raise money globally.
  4. Slow Expansion: It has been 10 years, but membership hasn't grown as fast as expected.

Global Role 🌍

  • Complement, not Competitor: NDB says it wants to work with World Bank, not destroy it.
  • Voice of Global South: It gives developing nations a platform to fund projects without Western dominance.
The Russia Problem

The Ukraine war hit NDB hard. Since Russia owns 20%, Western investors hesitated to lend money to NDB. This shows the risk of geopolitics in banking.

Quiz Time! 🎯

Test Your Knowledge

Question 1 of 5

1. A major criticism of NDB is:

It is too big
Potential Chinese dominance
It lends too much
None

💡 Final Wisdom: "NDB has great potential, but it must navigate the stormy waters of geopolitics to survive and thrive." 🌊

Next up: AIIB (Asian Infrastructure Investment Bank) - The other giant! 🐼

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