THE ROLE OF REGIONAL DEVELOPMENT BANKS IN DEBT MANAGEMENT AND ECONOMIC STABILITY

Аннотация

Regional Development Banks (RDBs) play a critical role in fostering economic stability and supporting effective debt management in their member countries. These institutions, such as the African Development Bank (AfDB), Asian Development Bank (ADB), Inter-American Development Bank (IDB), and others, serve as pivotal intermediaries between international financial systems and regional development priorities. By offering financing, technical assistance, and policy advice, RDBs contribute to sustainable debt management and broader economic resilience. This article explores the multifaceted contributions of RDBs to debt management and economic stability, highlighting their unique role compared to global financial institutions.