Mobilization Effects of Multilateral Development Banks
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In this paper we assess whether multilateral lending mobilize private capital inﬂows. We ﬁnd evidence of positive signiﬁcant mobilization effects of multilateral lending on the number of deals and on the total size of private inﬂows. Also, the economic effects are sizable, suggesting that MBDs can play a vital role to mobilize private sector ﬁnancing to achieve the goals of the 2030 Development Agenda.