Introduction: Good Governance and Modern International Financial Institutions

This first edition of the AIIB Yearbook of International Law (AYIL) pursues this theme, to examine the benchmarks of good governance, such as transparency and stakeholder participation, utilizing the insights shared and dialogue begun by the 2017 AIIB Legal Conference. Drawing upon expertise from other IFIs, international law practitioners and eminent academics, this edition of AYIL is divided into three parts to reflect a series of overarching themes. Firstly, the role of the membership of IFIs as expressed through their executive governance organs. Second, the legal basis of governance of IFIs. Third, the interaction around governance between IFIs and external stakeholders.




Editors of AIIB Yearbook of International Law:


Peter Quayle

Peter Quayle is Senior Counsel, Head of Corporate Unit, Office of the General Counsel, AIIB and Visiting Professor of International Organizations Law at Peking University Law School.


Xuan Gao

Xuan Gao is Senior Counsel, Head of Institutional Unit, Office of the General Counsel, AIIB, Deputy Editor-in-Chief of the Manchester Journal of International Economic Law, and Guest Professor of China University of Political Science and Law.


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