This study examines the role of recipient human rights records in the loan allocation of multilateral development banks. Correlating the loan amounts awarded to recipients with their human rights environments determines whether or not human rights are a substantial consideration in multilateral lending practices. By analyzing the African Development Bank, African Development Fund, Inter-American Bank and the International Monetary Fund this study also sheds light on whether international financial institutions are upholding their legally bound human rights obligations. This study uses Ordinary Least Squares and General Least Squares regression models and finds that human rights have little effect on the lending process. Human rights are not a substantial consideration in multilateral lending practices and multilateral development banks are not fulfilling their international legal obligation to advance human rights. It is up to international political institutions to ensure that they do.
Román, Geneva J.
"Human Rights & Multilateral Development Banks: Evaluating Recipient Records & Lending Practices,"
McNair Scholars Research Journal:
1, Article 9.
Available at: http://scholarworks.boisestate.edu/mcnair_journal/vol4/iss1/9
Dr. Ross Burkhart