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The European Investment Bank: a new database (1958-2012)

Author

Listed:
  • Clifton, Judith
  • Díaz Fuentes, Daniel
  • Gómez, Ana Lara

Abstract

This working paper presents an originally compiled database of European Investment Bank (EIB) lending based on the EIB Annual Reports and documents available at the Historical Archives of the European Union, covering all loans over the period 1958 – 2012. It describes the content of the database, which compiles more than 13,000 loans to 180 countries in a detailed project-by-project basis, the information sources utilized and the coding rules used to create an index of categories. It also includes the borrowings made by the EIB on the financial markets from 1961 to 2012 (with their respective term and nominal rate), exchange rates and subscribed capital. The paper compares the database with the information provided by the EIB webpage, provides descriptive statistics and discusses some possible applications. This database improves transparency and the understanding of the largest worldwide lender, contributing to close the existent gap within the literature concerning this public institution.

Suggested Citation

  • Clifton, Judith & Díaz Fuentes, Daniel & Gómez, Ana Lara, 2017. "The European Investment Bank: a new database (1958-2012)," MPRA Paper 78173, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:78173
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    References listed on IDEAS

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    1. Chelsky, Jeff & Morel, Claire & Kabir, Mabruk, 2013. "Investment Financing in the Wake of the Crisis: The Role of Multilateral Development Banks," World Bank - Economic Premise, The World Bank, issue 121, pages 1-5, June.
    2. Jeff Chelsky & Claire Morel & Mabruk Kabir, 2013. "Investment Financing in the Wake of the Crisis," World Bank Publications - Reports 22619, The World Bank Group.
    3. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
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    Keywords

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    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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