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Memorias de investigación
Artículos en revistas:
The Europe 2020 Project Bond Initiative: an alternative to finance infrastructure in Europe
Año:2018
Áreas de investigación
  • Transporte terrestre
Datos
Descripción
The economic and financial crisis that struck Europe over the last few years has imposed much stricter capital and liquidity requirements for commercial banks thereby reducing their ability to provide funding to infrastructure projects. To circumvent this problem the European Union has promoted the Europe 2020 Project Bond Initiative (PBI) aimed at using European funds for credit enhancement to increase the appetite of institutional investors ? such as pension funds and insurance companies ? to boost large-scale infrastructure financing. In this paper we describe the specific constraints and attractiveness of the PBI within Europe using the SWOT methodology to analyse the information coming from both pilot case studies and the responses that institutional investors and other stakeholders provided to the EC public consultation about the PBI. On the basis of this information we found that even though the initiative may contribute to facilitate infrastructure financing in Europe, there are still some challenges to be addressed for its right implementation.
Internacional
Si
JCR del ISI
Si
Título de la revista
Technological And Economic Development of Economy
ISSN
2029-4913
Factor de impacto JCR
3,244
Información de impacto
Volumen
24
DOI
10.3846/20294913.2016.1209251
Número de revista
1
Desde la página
229
Hasta la página
252
Mes
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Participantes
  • Autor: Jose Manuel Vassallo Magro (UPM)
  • Autor: Thais Rangel Guilherme Christiano (UPM)
  • Autor: María de los Angeles Baeza (Universidad de Granada)
  • Autor: Paola Carolina Bueno Cadena (UPM)
Grupos de investigación, Departamentos, Centros e Institutos de I+D+i relacionados
  • Creador: Grupo de Investigación: Planificación del Transporte
  • Centro o Instituto I+D+i: Centro de Investigación del Transporte
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