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EIB Working Papers 2016/01 – Infrastructure Investment in Europe and International Competitiveness

EIB Working Papers 2016/01 – Infrastructure Investment in Europe and International Competitiveness

  •  Release date: 06 July 2016
economics working paper 2016 01 en

Infrastructure investment in Europe has been adversely affected by the economic crisis, undermining both the immediate recovery and longer-term growth potential.

This paper discusses recent trends before focusing on how transport infrastructure – arguably the hardest hit sector during the crisis – contributes to regional growth. It shows that firms in regions with a more developed transport network are better placed to benefit from positive growth opportunities than firms in other regions.

This advantage is most pronounced in times of economic stress, making a good transport infrastructure a key ingredient for economic recovery.

This indicates one channel through which the activities of the EIB can foster growth and enhance competitiveness in Europe.


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