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What is Multilateral Organization

Handbook of Research on Credential Innovations for Inclusive Pathways to Professions
Multilateral organizations are formed by three or more countries that work together on issues of common interest and of global priority. These organizations can fund various projects using funds from multiple governments. Multilateral development banks or International financial institutions are one type of multilateral organization whose objective is to promote economic and social development in specific countries or regions. The IDB is an example of a multilateral development Bank.
Published in Chapter:
Digital Badges in Latin America and the Caribbean: The Inter-American Development Bank Experience
Stella Porto (Inter-American Development Bank, USA), Andrea Leonelli (Inter-American Development Bank, USA), Xenia Coton (Inter-American Development Bank, USA), Claudia Useche (Inter-American Development Bank, USA), Pablo Olguin (Inter-American Development Bank, USA), and Victoria Sofia D'Agostino (Inter-American Development Bank, USA)
DOI: 10.4018/978-1-7998-3820-3.ch006
Abstract
This chapter provides an overview of digital badge adoption by the Inter-American Development Bank both at the organizational level as well as for an external audience in Latin America and the Caribbean (LAC). It describes the value and impact of digital badges for an international multilateral organization, for its employees, and for its regional stakeholders. It discusses the challenges and opportunities of expanding the adoption of digital badges for the public sector in the LAC region. The authors believe the chapter will be of interest to policymakers in LAC, other international organizations with interest in areas of knowledge and learning, institutions of higher education interested in Latin American issues in education and training sectors, and other professionals in a variety of international settings.
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