Multilateral Development Banks: How They Work and Where They Are Headed

Evgeny Vinokurov, Alexey Kuznetsov, Anton Malakhov, A. Usanov and Madi Aldanazarov
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Evgeny Vinokurov: Eurasian Development Bank
Alexey Kuznetsov: Eurasian Development Bank
Anton Malakhov: Eurasian Development Bank
Madi Aldanazarov: Eurasian Development Bank
Authors registered in the RePEc Author Service: Евгений Юрьевич Винокуров

Working Papers from Eurasian Development Bank

Abstract: Amid the transformation of the global economy, multilateral development banks (MDBs) are becoming a key pillar of national development. Their role extends far beyond traditional lending, forming the foundation for long-term growth. This report provides a comprehensive analysis of MDBs — from their history and mandates to the geography of their operations, equity capital structure, and credit ratings. Particular attention is paid to MDB performance indicators, including total assets and capital, investment activity, and financing in local currencies. The report also examines the prospects for the development of the MDB system and answers key questions: Which sectors will become priorities for MDB investment? How many multilateral development banks will there be in 10 years? What mechanisms will allow MDBs to expand their lending volumes?

Keywords: MDBs; development banks; international organizations; finance; investment; developing countries; capital (search for similar items in EconPapers)
JEL-codes: F33 F36 F65 G15 G24 P33 P45 (search for similar items in EconPapers)
Pages: 79
Date: 2026-06-18
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Persistent link: https://EconPapers.repec.org/RePEc:ris:eabrwp:023338

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