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.
Experience keywords
Economic Development; World Economy; International Economic Institutions: United Nations, OECD, European Union Public policy; Industrial and technology policy; Employment Policy; Latin America Development; Public Services, Public Enterprises, Foreign Direct Investment