Beijing has joined regional development banks in Europe, Latin America, and Africa. (carnegieendowment.org)
Furthermore, rather than a simple return to the corporatist model of 1970s social democracy, John McDonnell has been impressively leading the way in innovative economic thinking, including on regional development banks, popularly controlled monetary policy, and most intriguingly his consideration of a universal basic income. (blog.politics.ox.ac.uk)
Labour has set out how we would create a National Investment Bank to drive investment in every community through a network of regional development banks so that every area has an industrial strategy, based on investment in a high skill, high wage and high productivity economy (totalpolitics.com)