This paper investigates bank structural funding vis-à-vis bank failures. An empirical analysis is conducted on the defaults of commercial banks occurred in the United States between 2007 and 2009. The results highlight that structural funding position indeed plays a significant role in...

The European Court of Auditors assessed the objectives and outputs of 27 randomly selected transport infrastructure projects in seaports which were co-financed between 2000 and 2006 through the European Regional Development Fund and the Cohesion Fund. The Court found that only 11 out of the 27...

The EU Cohesion Policy is one of the European Union's key policy instruments for reducing economic and social disparities among its regions. The paper evaluates the policy contribution to regional economic growth in V4 (Visegrad Four) countries. The study establishes a significant variation in...

This paper studies the impact of the EU Structural Funds Programs for 1989-93 on the growth path of the major recipient countries, Greece, Ireland and Portugal. It uses an endogenous growth model of private, public and human capital accumulation in which the public sector and current account...