In this briefing paper we evaluate the performance of the EIB in its external lending and policies in relation to developing economies including its response to the financial crisis. We recommend policy changes including greater absolute levels of lending to developing economies and greater risk...

This study focuses on the period 2000-2006, giving an overall evaluation of the role and actions of the financial institutions in the implementation of the structural funds in Southern Italy and especially in Calabria and Sicily. In general what lessons can be drawn from the role of financial...

The behaviour of the exchange rate under a floating exchange rate regime for a small open economy with perfect capital mobility may appear like a managed float or even a firmer peg. We present a canonical new neo-classical synthesis open economy model where the central bank follows a strategy...