This paper analyzes the efficiency of risk-taking decisions in an economy that is prone to systemic risk, captured by financial amplification effects that occur in response to strong adverse shocks. It shows that decentralized agents who have unconstrained access to a complete set of Arrow...

This study analyses the current system of decentralised administrative support and coordination within the European Commission, focussing particularly on organisational efficiency in Human resources management and in External Communication as well as on staff perceptions in general. It includes...

EU decentralised agencies are submitted to some financial and administrative requirements initially established for the EU Institutions (e.g. arising from Staff Regulation, Financial Regulation). Given the size of most of them, a significant proportion of their staff is dealing with...

This Final Report presents the outcome of the “Thematic global evaluation of the Commission support to decentralisation processes”. The Evaluation was commissioned by the DG DEVCO Evaluation Unit and was implemented between January 2010 and February 2012. The purpose of the evaluation is to...