This evaluation was commissioned by the Evaluation Unit of the European Commission’s Directorate-General for International Cooperation and Development. It evaluates the European Union’s (EU) Joint Programming process during the period 2011-2015. It covers all regions and countries of EU...

This evaluation studies the European Union (EU) aid delivery mechanism of delegated cooperation (DC) with EU Member States and third donor countries during the period 2007-2014. The main objectives of the evaluation are to provide an overall independent assessment of DC and to formulate...

The evaluation has three objectives: Provide an assessment on the attained results, their impact and sustainability, the good practices and pitfalls in Instrument for Pre-accession Assistance I(IPA I), European Neighbourhood Partnership Instrument (ENPI), Development Cooperation Instrument (DCI)...

The European Neighbourhood and Partnership Instrument (ENPI) was created as a successor to the cooperation programmes TACIS (for the Eastern European countries) and MEDA (for the Mediterranean countries), with enlarged objectives and an increased budget. It was operational from January 2007, and...

Based on a literature review, this paper investigates the reasons why broad money demand has usually been found to be more stable in the euro area than in other large economies. The paper concludes that there are three main explanations for this fact. First, in some countries outside the euro...

Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...

This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...