The article examines the activities of the Asian Development Bank (ADB) to stimulate inclusive economic growth (IEG) in the countries of the Asia-Pacific region (APR). The author analyzed the Country Partnership Strategies (CPS) used by the Asian Development Bank for Bangladesh and Thailand (2021–2025), the results of the economic and social development of these countries. This allowed the author to formulate the methodology used by ADB for individual stimulation of IEG in Asia-Pacific countries (based on the IEG model used by the bank, which allows quantifying IEG using 35 indicators). The CPS includes an operational business plan that contains ADB projects and other operations, the volume of borrowings and is based on an analysis of the country’s economic and social development, the goals of the national development strategy, existing growth drivers and negative factors, and an assessment of the dynamics of internal and external conditions. The operational business plan is what allows ADB to tailor IEG incentives. The experience of the ADB, the methodology of individual stimulation of the IEG can be used in Russia by the state development bank VEB.RF.

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The article examines the impact of the African Development Bank (AfDB) on economic growth. The main activity of the Bank is connected with the projects that create new assets and directly affect the economy.  The large amount of total assets of all Development Banks in the world, the significant annual amount of financing they provide determine their importance for the global economy. The author concludes that economic growth is associated with the use of five strategic programs: "Feed Africa", "Give energy and power to Africa", "Develop the industrialization of Africa", "Integrate Africa" and "Ensure an improvement in the quality of life for Africans".  The Bank uses strategies for cooperation with African countries, planning and implementing projects under these strategic programs. As a result, new jobs are being created, agricultural productivity is increasing, and the infrastructure of African countries is developing.  The effectiveness of the AfDB's activities is related to the multi-level evaluation system it uses, which allows assessing the dynamics of development in Africa as a whole, its contribution to the successful implementation of all planned and accepted operations, the quality of these operations and the effectiveness of the Bank as an organization. This system allows qualitatively and quantitatively evaluate the completed projects, the achievement of the set economic and social goals, provides information for the preparation and implementation of corrective control actions. The AfDB links the inclusiveness of economic growth with the emergence of positive consequences for a significant part of the population of African countries with the growth of GDP (an increase in the share of GDP per citizen).

The article examines China’s financing of the development of the Global South, provides quantitative data, including the implementation of the Chinese initiative “One Belt, One Road”. The author concludes that China, its banks, including the State Development Bank of China (CDB), are actively financing projects and programs in African countries within the framework of “mutual assistance among developing countries”. Projects are being implemented in various sectors of the economy, including infrastructure, agriculture and industry. Project financing is complemented by the development of export-import relations between China and African countries, which involve a large number of Chinese enterprises. China and African countries use the FOCAC forum for three-year project and program funding planning. In 2021 at FOCAC, the Chinese leadership not only significantly reduced the amount of funding, but also changed its order: now the resources will go to African financial institutions, which will finance the projects. The CDB, through which China finances projects to a large extent both in Africa and in other countries of the Global South, draws on its many years of experience in the selection, evaluation and implementation of projects in Africa. This makes it possible to ensure the selection of high-quality and relevant for China projects in African countries, to carry out their successful implementation and, as a result, create conditions for economic growth.