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    Economic and Financial Studies (EFS) supports the Bank's strategic decision-making through targeted research in economics and finance. EFS also participates in international fora and maintains liaison with counterparts in other international organisations.

    The June 2008 EIB Conference on Economics and Finance will discuss Infrastructure Investment, Growth and Cohesion. The papers presented at the conference will be published in volume 13 (2008) of the EIB Papers.

    Agenda

    Time Programme
    8:00 Registration and coffee
    8:30 Opening address

    Philippe Maystadt (President of the EIB)

    Session 1: Public/Infrastructure investment in economic perspective
    1. Composition of public investment
    Timo Välilä (Economic & Financial Studies, EIB)
    2. Public investment and growth: Has the productivity of public investment changed over time in Europe?
    Jakob de Haan (University of Groningen, the Netherlands)
    3. Opportunity cost of public funds in infrastructure investment
    Armin Riess (Economic & Financial Studies, EIB)
    10:15-10:45 Coffee break
    Session 2: Infrastructure and regional cohesion
    4. Infrastructure and economic geography: Overview of theory and evidence
    Gianmarco Ottaviano (University of Bologna, Italy)
    5. Determinants and productivity of regional transport investment in Europe
    Andreas Stephan (Jönköping International Business School, Sweden)
    6. Infrastructure endowment and investment as determinants of regional growth in the EU
    Andrés Rodriguez-Pose (London School of Economics)
    13:00–14:30 Lunch break
    Session 3: Infrastructure, real convergence and European integration
    7. Fiscal policy and public investment in New EU Member States
    Gerd Schwartz (International Monetary Fund, Washington)
    8. Spatial implications of infrastructure improvement in New Member States
    Somik Lall (World Bank, Washington)
    9. Economics of cross-border infrastructure projects
    Diego Puga (IMEDA, Madrid)
    16:45 Concluding comments
    Eric Perée(Economic & Financial Studies, EIB)