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    After the Berlin Wall

    A History of the EBRD, Volume 1

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    Author(s)
    Kilpatrick, Andrew
    Collection
    EU collection
    Language
    English
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    Abstract
    After the Berlin Wall' tells the inside story of an international financial institution, the European Bank for Development and Reconstruction (EBRD), created in the aftermath of communism to help the countries of central and eastern Europe transition towards open market-oriented democratic economies. The first volume of a history in two parts, After the Berlin Wall charts the EBRD’s life from a fledgling high-risk start-up investing in former socialist countries from 1991 to become an established member of the international financial community, which (as of April 2020) operates in almost 40 countries across three continents. This volume describes the multilateral negotiations that created this cosmopolitan institution with a ‘European character’ and the emergence of the EBRD’s unique business model: a focus on the private sector and a mission to deliver development impact with sustainable financial returns. The author recounts the challenges that ‘transition’ countries faced in moving from a defunct to a functioning economic system and maps the EBRD’s response to critical events, from the dissolution of the Soviet Union, to the safe confinement of the Chernobyl disaster site, the debt default in Russia and the onset of the global financial crisis in 2008.
    URI
    https://library.oapen.org/handle/20.500.12657/41177
    Keywords
    EBRD; central and eastern Europe; transition; open market; democratic; economies; financial institutions
    DOI
    10.7829/9789633863855
    ISBN
    9789633863848, 9789633863947
    Publisher
    Central European University Press
    Publisher website
    http://ceupress.com/
    Publication date and place
    2020
    Grantor
    • European Bank for Reconstruction and Development
    Classification
    History of specific companies / corporate history
    Pages
    420
    Rights
    https://creativecommons.org/licenses/by-nc-nd/4.0/
    • Imported or submitted locally

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    License

    • If not noted otherwise all contents are available under Attribution 4.0 International (CC BY 4.0)

    Credits

    • logo EU
    • This project received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 683680, 810640, 871069 and 964352.

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