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The European Investment Bank: The EU's Neglected Institution *
Author(s) -
ROBINSON NICK
Publication year - 2009
Publication title -
jcms: journal of common market studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.54
H-Index - 90
eISSN - 1468-5965
pISSN - 0021-9886
DOI - 10.1111/j.1468-5965.2009.01818.x
Subject(s) - institution , investment (military) , corporate governance , investment banking , business , international economics , economics , economic policy , political science , accounting , financial system , finance , politics , law
The European Investment Bank is the largest multilateral lender in the world, facilitating total spending which is equivalent to the total of the EU budget. Its activity thus has a potentially huge effect on EU policy‐making, yet research to date has failed to recognize this. This article addresses this, offering detailed empirical analysis and re‐evaluating debates on multi‐level governance.