10 September 2019

Infrastructure Investment in Europe and International Competitiveness

Written by European Investment Bank
Developed by European Investment Bank
10 September 2019
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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