Theoretical and Applied Economics
No. 4 / 2022 (633), Winter
Development banks – promoters of economic development?
Bucharest University of Economic Studies, Romania
Valentin MURGU
Bucharest University of Economic Studies, Romania
Abstract. The article addresses the issue of development (promotional) banks, discussing the role these institutions have in the economy. At the beginning of the work, it integrates the aspects analysed in the context of the latest crises, which determined the modification of the financialbanking governance at the European and international level. Relevant papers and studies are cited to reflect the activity and different perspectives on development banks. The specific conceptual approaches of development banks, sources of funds attracted and used, business models, instruments and products, the structure of mandates taken over by these institutions are reflected in the second part of the article. In the third part, contributions of development banks are highlighted, as well as, the component elements of an added value matrix, which can be built and developed, to make aware and reflect the strategic component of this typology of financial institutions. The article ends with a section that includes the authors' conclusions.
Contents
Development banks – promoters of economic development?
The nexus between global oil prices and Islamic and conventional stock markets in the developed and developing countries
American bilateral trade with emerging economies and its influence on world economic recovery post Covid-19: Analysis through VECM
Energy poverty and the vulnerable energy consumer in Romania: A curious case of policy schizophrenia
Transitions into self-employment in European Union and Israel: Field study
A cross country analysis of components of economic growth through the growth accounting approach
Financial liberalization and economic growth: The case of Algeria
Financial inclusion in sub-Saharan Africa: Benchmarking against peer developing countries
Cointegration and stock market interdependence: Evidence from India and selected Asian and African stock markets
Government subsidies and income inequality in Algeria: An analytical and empirical study
An analysis of the effect of widespread unemployment on corruption
The Russia-Ukraine invasion toward increasing food security threat for population: An empirical study using T-GARCH model
Energy consumption and economic growth nexus in Africa: New insights from emerging economies
Two conditions which induce Giffen behavior in any numerical analysis if applied to the Wold-Juréen (1953) utility function
How large is the size of Côte d'Ivoire's informal sector? A MIMIC approach
Portfolio construction and performance evaluation: Evidence from India and Iran
Cost structures, technology levels and collusion
The trend of the economic evolution in Romania in the context of crises