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Assessing projects and programmes for cohesion policy at the EIB


  • Gianni CARBONARO



The 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

Suggested Citation

  • Gianni CARBONARO, 2006. "Assessing projects and programmes for cohesion policy at the EIB," Departmental Working Papers 2006-38, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
  • Handle: RePEc:mil:wpdepa:2006-38

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    References listed on IDEAS

    1. Massimo Florio, 2005. "A ``European Consensus'' on the Growth Agenda? A Discussion of the Sapir Report," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 12(3), pages 411-431, December.
    2. Dreze, Jean & Stern, Nicholas, 1990. "Policy reform, shadow prices, and market prices," Journal of Public Economics, Elsevier, vol. 42(1), pages 1-45, June.
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    More about this item


    Cost-Benefit Analysis; Project evaluation; International Organizations;

    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, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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