Abstract
The revitalization of international regional development banks’ activities is considered in the article as a necessary condition for solving problems that have arisen in various sectors of the economy in the context of the coronavirus crisis. The aim of the study is to analyze the activities of international regional development banks in the current situation and develop forecasts regarding the directions of their activities, as well as some recommendations. The methodological basis of the work was a systematic approach, the fundamental provisions of economic theory and the theory of international economic relations, methods of comparative analysis, and expert assessments. Statistical data of international economic and financial organizations, as well as publications of foreign and domestic authors were used as sources of information. The stages in providing financial resources for the fight against the coronavirus crisis are highlighted. The article considers and summarizes the approaches of several international development banks to participation in anti-crisis measures. So, first of all, these financial institutions carried out measures such as rapid response and cost support programs in the fight against the COVID-19 pandemic. Going forward, based on the initial anti-crisis measures, new assistance programs are needed to ensure economic growth and sustainable development. To expand their activities, international regional banks have increased the issue of their bonds. One of the areas of activity of international regional development banks is interaction with global financial institutions such as the IMF and the World Bank divisions. It also analyzed the areas of activity of the Eurasian Development Bank (EDB) in the fight against coronavirus, as well as difficulties and problems, including the need for additional capitalization. Thepractical significance of the study is expressed in the possibility of using the experience of such international regional development banks as the Inter-American Development Bank, the Asian Development Bank and others in the context of a pandemic to improve the activities of the EDB.
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