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A Comparative Guide to the Asian Infrastructure Investment Bank


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Table of Contents

1: Beginnings 2: Highlights 3: Mandate 4: Investment operations 5: Membership 6: Capital and finance 7: Governance 8: Transitions 9: Institutional matters 10: Reflections

About the Author

Natalie Lichtenstein was the Inaugural General Counsel at the Asian Infrastructure Investment Bank (AIIB). As Chief Counsel for the 57-country negotiations that led to AIIB's founding as an international development bank, she was the principal legal adviser and drafter for its Charter. That work drew on her 30-year legal career at the World Bank, where she advised on lending operations in China and other countries for the first 20 years, and served in senior positions in institutional governance and reforms for her third decade. She worked at the US Treasury Department on development bank issues and normalization of US relations with China, and has taught Chinese law in the US since the 1980s. She is an Adjunct Professor at Johns Hopkins School of Advanced International Studies, and a member of the Oxford International Organizations (OXIO) Advisory Board. She received an AB summa cum laude in East Asian Studies from Harvard University and a JD (East Asian Legal Studies) from Harvard Law School.


Lichtenstein's book is a timely publication and a welcome addition to the scholarly literature on the AIIB. This book, with its insider's view, will help readers better understand the parallels and distinctions between the AIIB and other existing MDBs. I would highly recommend this book to friends, students and professionals who are interested in the creation and development of the China-led AIIB. * Hong Yu, Senior Research Fellow, East Asian Institute, National University of Singapore, Asia Pacific Law Review *
By placing the AIIB in a historical and comparative context, A Comparative Guide to the Asian Infrastructure Investment Bank could not have arrived at a better time. * Maria Adele Carrai, Pacific Affairs *
A Comparative Guide to the Asian Infrastructure Investment Bank's major contribution is to provide a comparative framework of reference to understand in what ways the AIIB is different or similar to other MDBs, as it is only through comparison that one can have a better understanding. * Maria Adele Carrai, Pacific Affairs *

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