Cooperation of Multilateral Development Banks in Emerging Markets and Developing Countries: Untapped Opportunities

Evgeny Vinokurov, Alexey Kuznetsov, Anton Malakhov, Alexander Zaboev, Arman Ahunbaev, A.-M. Chkoniya, Aigul Berdigulova, Evgenya Klochkova, Madi Aldanazarov and A. Usanov
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Evgeny Vinokurov: Eurasian Development Bank
Alexey Kuznetsov: Eurasian Development Bank
Anton Malakhov: Eurasian Development Bank
Alexander Zaboev: Eurasian Development Bank
Arman Ahunbaev: Eurasian Development Bank
A.-M. Chkoniya: Eurasian Development Bank
Aigul Berdigulova: Eurasian Development Bank
Evgenya Klochkova: 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: Multilateral development banks (MDBs) play a crucial role in boosting regional connectivity and infrastructure growth. Developing countries are facing an ever-increasing need for infrastructure. Strengthening links between MDBs, both vertically and horizontally, is a powerful solution. The report explores seven areas in which these institutions could collaborate: 1) mobilizing capital, 2) capital markets, 3) local currencies, 4) project expertise, 5) pooling knowledge, 6) technical assistance, 7) cross-border projects. Such partnerships could amplify their impact, making investments more efficient and scalable. The greatest effectiveness of cooperation between MDBs is seen in these sectors: a) the water, energy, and food nexus, b) sustainable transport connectivity, c) sustainable and climate finance, and d) cross-border infrastructure. Cooperation between MDBs could accelerate progress towards global and national development goals.

JEL-codes: F15 F21 H54 L32 L94 P33 R11 (search for similar items in EconPapers)
Pages: 60
Date: 2026-01-22
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Persistent link: https://EconPapers.repec.org/RePEc:ris:eabrwp:023347

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