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Lending Overlap in Europe’s Financial Architecture

A Comparative Analysis

Bibliographic Data

ID12626832
AuthorsJudith Clifton (0000-0001-6081-6800, Universidad de Cantabria), Daniel Díaz-Fuentes (0000-0002-6290-2363, Universidad de Cantabria), Ana Lara Gómez (0000-0002-5324-5584, Universidad de Cantabria), Ana Lara Gómez Peña (Universidad de Cantabria), David Howarth (0000-0003-2697-165X, University of Luxembourg)
Year2024
Volume27
Issue1
Pages62-80
Publication date2024-09-05
Open AccessNo
TypeARTICLE
VenueJournal of Comparative Policy Analysis Research and Practice (JOURNAL)
Journal identifiersISSN: 1387-6988 • E-ISSN: 1572-5448
PublisherRoutledge (PUBLISHER • GB)
DOI10.1080/13876988.2024.2380400
OpenAlexW4402288897
LanguageEN
Citations received3
References cited15

Europe ́s financial architecture has long been criticized as fragmented, notably because its two main multilateral public banks, the European Investment Bank and the European Bank for Reconstruction and Development, have increasingly engaged in lending overlap. This overlap, it is assumed, creates inefficiencies and duplications, undermining the banks fulfilment of their missions. However, little is known about this overlap and its consequences. This article comparatively assesses the lending policy of both banks, while focusing on this overlap. It explains how and why bank lending policies initially led to uncoordinated lending overlap, but then shifted, ultimately moving towards a greater coordination of continued lending overlap

Archaeology · Business · Economics · Financial system · Geography · Global Financial Crisis and Policies · Architecture · Finance

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Citations per year3
Citation span2025 - 2026 (2)
Highly citedNo

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Open DOIOpen Access
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