Assessing projects and programmes for cohesion policy at the EIB
AbstractThe assessment of the technical, economic and financial quality of programmes and projects is one of the day-to-day activities at the European Investment Bank (EIB). The paper explains how this task is approached within the EIB, how some of the tools of cost-benefit analysis are employed, and how this approach may evolve during the forthcoming programming period of the Structural Instruments. Some of the recent initiatives of the EIB – in particular RAILPAG, the guidelines for project appraisal in the rail sector and JASPERS, Joint Assistance to Support Projects in European Regions - take a particular relevance in this context and are briefly explained
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Bibliographic InfoPaper provided by Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano in its series Departmental Working Papers with number 2006-38.
Date of creation: 14 Dec 2006
Date of revision:
Cost-Benefit Analysis; Project evaluation; International Organizations;
Find related papers by JEL classification:
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-12-22 (All new papers)
- NEP-BAN-2006-12-22 (Banking)
- NEP-EEC-2006-12-22 (European Economics)
- NEP-PBE-2006-12-22 (Public Economics)
- NEP-PPM-2006-12-22 (Project, Program & Portfolio Management)
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