The role of public development banks

FERDI supported by the French Development Agency (AFD) has developed a research programme on public development banks (BPD).



A study on the countercyclicality of West African public banks highlighted the role of BPDs in stimulating economic recovery after a crisis. The results of this study were published in Études et Documents (FERDI and AFD) and presented at FICS 2022 in Abidjan on October 18, 2022.

FERDI and AFD are collaborating on a project to study how BPDs are financed around the world, with a focus on African public banks. The study is intended to provide a better understanding of the difficulties faced by development banks in raising long-term funds. 

At AFD's request, FERDI participates in the international collection of data on BPDs. Based on this data, FERDI aims to propose an analysis of the behavior of BDPs, both in terms of countercyclicality, as mentioned above, and their response to situations of poverty and vulnerability.


  • Agence française de développement (AFD)

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