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World Bank support for investment in EU and Western Balkan transport

01-10-2018

Over the six decades during which the World Bank has been active in Europe, its engagement has evolved hand in hand with the development of the continent. Initially supporting reconstruction efforts after World War II, it later shifted the focus of its action to development support. In the past, as today, it has provided financing, knowledge and assistance to countries seeking to join the European Union. As a starting point in providing a deeper insight into how the World Bank contributes to the ...

Over the six decades during which the World Bank has been active in Europe, its engagement has evolved hand in hand with the development of the continent. Initially supporting reconstruction efforts after World War II, it later shifted the focus of its action to development support. In the past, as today, it has provided financing, knowledge and assistance to countries seeking to join the European Union. As a starting point in providing a deeper insight into how the World Bank contributes to the development of European countries today, this briefing first looks at the Bank's complex structure, the functioning of its different parts and the types of investment and assistance it offers its clients. Then, leaving aside the many other areas of the Bank's activity, the focus narrows to its support for transport in the EU and its Western Balkan partners. As the World Bank is one of several international institutions that are active in the Western Balkans, the briefing also looks into how the Bank links with the development-support efforts of the European Commission and the financial landscape of the Western Balkans Investment Framework.

Political, Social and Economic Impacts of European Union Policies with its Mediterranean Partners - Focus on ‘Investment’ and Recommendations for Improved Integration

25-04-2014

Since the 2011 Arab revolutions, the Southern and Eastern Mediterranean countries (SEMCs) have been undergoing multiple transitions (political, social, cultural, religious, etc.). These revolutions have brought to light two main areas requiring action: the upgrading of infrastructures and the creation of jobs for the younger generation. Although the relationship between these countries and Europe is strong, it needs to be renewed. This renewal must be comprehensive and must focus on investment, joint ...

Since the 2011 Arab revolutions, the Southern and Eastern Mediterranean countries (SEMCs) have been undergoing multiple transitions (political, social, cultural, religious, etc.). These revolutions have brought to light two main areas requiring action: the upgrading of infrastructures and the creation of jobs for the younger generation. Although the relationship between these countries and Europe is strong, it needs to be renewed. This renewal must be comprehensive and must focus on investment, joint management of energy transition, and mobility, which requires special treatment due to its human dimension. Certain measures would need to be put in place for this, for example a fund dedicated to infrastructures, bringing together all of the financial support from Europe; increased mobilisation in favour of SMEs, and management of the mobility of professionals. As far as the SEMCs are concerned, the establishment of a regional economic area will be achieved through improvement of the business climate. This will entail the modernisation of the legal framework by means of regional convergence so that the EU operators and the SEMCs have shared and mutually compatible legal tools at their disposal, as well as taking a progressive step towards the modernisation of the financial system in accordance with a schedule set out by each country.

Parlamendiväline autor

Amal CHEVREAU (Ipemed, France)

The Implications of EIB and EBRD Co-Financing for the EU Budget - Follow up

15-03-2013

This study is a follow up to the 2011 study commissioned by the European Parliament’s Committee on Budgets "The implications of EIB and EBRD co-financing for the EU budget". It explores how the recommendations made in that earlier study have been taken up by the actors within the EU institutions, evaluates how far changes have been implemented which are in line with the proposals contained within that report and reflects on how visible EP studies are in general. It finds that although visibility ...

This study is a follow up to the 2011 study commissioned by the European Parliament’s Committee on Budgets "The implications of EIB and EBRD co-financing for the EU budget". It explores how the recommendations made in that earlier study have been taken up by the actors within the EU institutions, evaluates how far changes have been implemented which are in line with the proposals contained within that report and reflects on how visible EP studies are in general. It finds that although visibility needs to be improved, this study has had a clear policy impact nevertheless.

Parlamendiväline autor

Nicholas Robinson (Schoool of Politics and international Studies, University of Leeds, the UK)

The Implications of EIB and EBRD Co-Financing for the EU Budget

16-03-2011

Recent years have seen the growth of a number of EU co-financing instruments designed to enhance the leverage of the EU budget by working more closely with the European Investment Bank and the European Bank for Reconstruction and Development. However, the growth of such instruments raises potential concerns in relation to financial control and liability, in relation to governance, transparency and visibility and in relation to the extent to which such activity helps the deliverability of EU objectives ...

Recent years have seen the growth of a number of EU co-financing instruments designed to enhance the leverage of the EU budget by working more closely with the European Investment Bank and the European Bank for Reconstruction and Development. However, the growth of such instruments raises potential concerns in relation to financial control and liability, in relation to governance, transparency and visibility and in relation to the extent to which such activity helps the deliverability of EU objectives.

Parlamendiväline autor

Nick Robinson (School of Politics and international Studies, University of Leeds, UK) and Robert Bain (RBconsult Ltd, Weald, Kent, UK)

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