Development Banks: Features and Activities

DOI

10.2991/icmete-19.2019.92How to use a DOI?

Keywords

Development banks; Loan capital; Financial resources; Regional economy; Socio-economic projects; Integration and cooperation activities

Abstract

The article deals with the evolution of development banks and their activities in the modern era. When collecting and processing materials for the article, the authors use general scientific methods of research (generalization, aggregation, classification, comparison), and methods of economic processes forecasting. The authors conclude that development banks are historically established investment financial institutions. The process of the development banks evolution includes four main stages, each of which reflects the socio-economic features. Development banks in the XXI century are established on a regional and parity basis by economically developed countries. The authors indicate strategic areas of the development banks activity at present stage, in particular, financing innovative and infrastructure projects in the transport, telecommunications and energy sectors, financing small and medium-sized business development projects, and providing social protection to the population.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Petr I. Tolmachev
AU  - Irina A. Strelkova
AU  - Valentin K. Pospelov
AU  - Zhanna V. Ivanovskaya
AU  - Lyubov V. Krylova
PY  - 2019/05
DA  - 2019/05
TI  - Development Banks: Features and Activities
BT  - Proceedings of the 2019 International Conference on Management, Education Technology and Economics (ICMETE 2019)
PB  - Atlantis Press
SP  - 386
EP  - 389
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmete-19.2019.92
DO  - 10.2991/icmete-19.2019.92
ID  - Tolmachev2019/05
ER  -