utilities

Financing utilities: How the role of the European Investment Bank shifted from regional development to making markets

UIn the face of continuing financial and economic crises, the European Investment Bank (EIB) has been criticized for being overly-conservative in its loans to Europe. Critics in particular have called on the EIB to vastly increase its investment in utilities as a counter-cyclical measure. To take stock and, in order toevaluate the role of the EIB in financing utilities over time, we compile and analyze an original database of all EIB utilities project loans from 1958 to 2004.

Publisher: 

Utilities Policy

Financing utilities: How the role of the European Investment Bank shifted from regional development to making markets

In the face of continuing financial and economic crises, the European Investment Bank (EIB) has been criticized for being overly-conservative in its loans to Europe. Critics in particular have called on the EIB to vastly increase its investment in utilities as a counter-cyclical measure. To take stock and, in order to evaluate the role of the EIB in financing utilities over time, we compile and analyze an original database of all EIB utilities project loans from 1958 to 2004.

Publisher: 

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Location

Facultad de Ciencias Económicas y Empresariales
University of Cantabria
Santander
39005 Cantabria
Spain

 

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