Znaczenie Europejskiego Banku Inwestycyjnego w rozwoju partnerstwa publiczno-prywatnego w Europie
A role of the European Investment Bank in European PPP development
Author(s): Krystyna BrzozowskaSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: investment projects; public-private partnership; loans; European Investment Bank
Summary/Abstract: Projects carried out in accordance to PPP rules are more complicated by legal, social, political and economic sides than public investment traditionally conducted by public bodies and funded through state or local budgets. A high level of capital intensity of infrastructure projects has caused additional difficulties with obtaining necessary funds, mainly in form of loans. Banks have become one of principal players, and the same decision makers in private infrastructure projects. At European market a special role is played by the European Investment Bank (EIB) as a bank of the European Union. An aim of a paper is to perform a comprehensive analysis of EIB activity in PPP development in European countries. An analysis has covered a value of loans granted by EIB to PPP projects in Europe in the years 1990-2013, a share of EIB loans in value of PPP projects and a share of loans to PPP in total EIB loans at the same time, a division of EIB loans to PPP projects to the types of infrastructure according to value and number of projects and countries where such projects have been situated.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2015
- Issue No: 412
- Page Range: 24-34
- Page Count: 11
- Language: Polish