DOI: 10.11118/978-80-7701-047-4-0101

NATIONAL DEVELOPMENT BANKS AS THE DRIVERS OF POST CONFLICT RECONSTRUCTION IN EUROPE

Yuri Krivorotko¹

¹ Faculty of Economics and Administration, Masaryk University, Lipová 507/41a, 602 00 Brno, Czech Republic

This paper examines the scope of European national development banks, their role, their objectives, their policy mandates, their financial services, which clients they target, how they are regulated and supervised, what business models they have adopted, what their governance structure is and what challenges they face. The research questions passed in the paper are to examine role that National development banks plays in times of post-conflict reconstruction, namely: gap between investment needs and financial capacity; examine the scope of National development banks, their roles, missions and business models in several EU member States; measure and compare their performance to each other and their business models; the actual level of control exercised by the public sector; analyze the missions and visions of public financial institutions in terms of their objectives, geographic scope, stakeholders, products and services. The research methodology is based on empirical data of development banks from 2012 to the present: periodic reports of the World Bank, Annual reports for 2022–2023 of 23 National development banks (NDBs) from 16 European countries.

Klíčová slova: national development banks, public finance, financial instruments

stránky: 101-120, online: 2025